$435,000
Active · 1 days on market · MLS# MFRS5151371
| Bedrooms | 4 |
|---|---|
| Living area | 2,160 sq ft |
| Lot size | 0.16 acres |
| Year built | 1961 |
| Property type | Quadruplex |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $6,830 |
| County | Polk |
Excellent investment opportunity in the heart of Winter Haven! This fully occupied 4-unit multifamily property features four individual 1-bedroom, 1-bath units, each equipped with a kitchen and appliances, providing immediate income from day one. Ideally located just minutes from Downtown Winter Haven, this property offers convenient access to restaurants, shopping, medical facilities, parks, entertainment, and major roadways. Situated in an established neighborhood with ample parking, no HOA, and no CDD fees, this property presents an attractive opportunity for both seasoned and first-time investors. All four units are currently leased, offering stable cash flow, with one unit currently rented at $1,100 per month. Tenants are responsible for their own utilities, while the owner maintains the lawn at an approximate cost of $100 per month. Investors will appreciate the flexibility and potential this property provides, whether maintaining the current operation or making future improvements to enhance value. With its prime location, strong rental demand, and proximity to downtown amenities, this turnkey income-producing property is an excellent addition to any investment portfolio.
Listing courtesy of Mary Sorrell, MAZELG REALTY. Presented by MC Homes Realty Inc · 727432218.