Description
COMPLETELY TURN-KEY!! FULLY 100% OCCUPIED!! GROSSING $54,240 YEARLY!! $45,000 invested by the seller in upgrades and updates in 2020-2021. This Exceptional Apartment Investment has WONDERFUL APPEAL & is a FANTASTIC INCOME PRODUCING Property in DOWNTOWN Winter Haven. This 5 Unit apartment complex has 3 units fully occupied at $900 each and leases through 4/30/2022 & 1 unit at $945 lease through 3/31/2022 ( these 4 units are 2 bedroom 1 bath at 800+sq ft per unit and each has a screened porch) PLUS 1 Loft apartment occupied at $875 through 12/31/21. Built in 1981, block construction. Shingle roof. Total SF 4,817 -- Heated SF 3,776. Open parking, Slab with exterior lighting. Located within city limits of Winter Haven on 0.26 acre lot. Privacy fence. Natural Gas connected. Water & electric meters. Well maintained grounds, all leases transfer to new owners! Copies of leases available for review. Central location close to shopping, restaurants, banks, schools and many other amenities.
Property Highlights
- Property Type: Multi Family
- MLS #: O5956313
Area |
33880 - Winter Haven/Eloise/JPV/Wahnetta |
Number of Units Total |
5 |
Property Subtype |
Residential Income |
Property Type |
Multi Family |
Subdivision |
Osceola Heights |
Taxes |
$5,601 |
Interior Square Footage |
3,776 |
Lot Size Acres |
0.26 |
Lot Size Square Feet |
11,326 |