$235,000
Description
Under Contract- Accepting backup offers! Investor Alert! Cash Flow on Day 1! Don't miss out on this fantastic opportunity to own a fully rented duplex in the heart of Winter Haven, Florida. Each side of this spacious duplex features 2 bedrooms, 1 bath, and over 1300 sqft total of comfortable living space, making it an attractive investment option. Currently, both units are tenant-occupied, generating a combined gross income of $2,725 per month (including pet fees). Unit A rents for $1,275 per month (lease ending in 01/31/2025), while Unit B brings in $1,200 per month (lease ending in 11/29/2024). With tenants responsible for all utilities except water, this investment offers low overhead costs and high potential returns. Recent updates enhance the appeal and value of this investment property. The exterior and interior have been freshly painted, giving the duplex a modern and well-maintained appearance. Unit A boasts new carpet, drywall, and ceiling fans, providing a comfortable and inviting living space for tenants. Additionally, Unit B features a new shower/tub combo, a new porch/deck, and a mini-split AC unit installed in 2023, ensuring tenant satisfaction and retention. Convenience is key for tenants with washer and dryer hookups available in both units. Plus, the property is just a quick walk to Lake Howard, providing residents with easy access to outdoor recreation and scenic views. Located in Winter Haven, Florida, this duplex offers investors a prime opportunity to capitalize on the thriving rental market in the area. With strong rental demand and a solid rental history, this property is sure to deliver consistent cash flow and long-term appreciation. Don't let this lucrative investment slip through your fingers. Seize the opportunity to add this fully rented duplex to your portfolio and start earning passive income today!
Listed by Tracey Green, .
Property Highlights
- Property Type: Multi Family, Duplex
- MLS #: T3505267
Property Features
| Has View | Yes |
| Interior Square Footage | 1,368 |
| Lot Size Acres | 0.16 |
| Lot Size Square Feet | 6,930 |
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