$575,000
 $3,087 est/mo Sourced by Back At You

631 Avenue H NW , WINTER HAVEN, FL 33881

WINTER HAVEN, FL 33881

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Description

Prime Investment Opportunity in Winter Haven! Unlock the potential of this exceptional income-producing property! Nestled just up the street from the scenic Lake Howard, this 5-unit complex is ideally situated near an array of local amenities, making it highly attractive to tenants and investors alike. This fully occupied property comprises five well-maintained units: one spacious 2-bedroom unit renting for $975/month, three 1-bedroom units renting for $750, $900, and $950/month respectively, and one 1-bedroom unit with an expansive bonus room renting for $900/month. The total rental income is an impressive $4,475 per month, providing a strong and steady cash flow. With four tenants on month-to-month leases offering flexibility and one on long-term leases ensuring stability, this property combines security with adaptability. Each unit has been recently upgraded, featuring modern kitchens and bathrooms that enhance tenant satisfaction and retention. Two units are equipped with washer/dryer hook-ups, adding further convenience. All units are individually metered for utilities, allowing for efficient and straightforward management. The property's two buildings have had their roofs replaced in 2016 and 2017, ensuring durability and reducing future maintenance costs. Parking is ample with a gravel lot off the alley, and tenants can enjoy a large, well-maintained community yard. Lawn maintenance, handled by the owner, keeps the property looking its best year-round. This turnkey investment opportunity promises consistent rental income with minimal hassle. Whether you're looking to expand your portfolio or secure a reliable, low-maintenance investment, this property in Winter Haven offers strong returns and significant upside potential. The strategic location, modern upgrades, and solid rental income make it a standout opportunity. Act quicklycontact us today to schedule a viewing and take the first step toward owning this outstanding investment property!

Details

MLS#L4945479
Listing TypeFor Sale
StyleTown House
Sub-TypeFor-sale
StatusActive
Year1920
Days On Site41
Listing Provided ByTHE AGENCY REALTY GROUP LLC | Stephanie Wagenbach

Features

SQ Feet3,569
Units5
ZoningR-3
Acreage0.29

Market Activity 33881

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of July 25, 2024 at 8:01:49 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Listings Checked: 33 minutes ago
StateFL
CountyPolk
CityWINTER HAVEN
Zip Code33881
Area33881 Winter Haven | Florence Villa
Community NameVILLA PARK OR STONE & MANNS
Listing VS Median (in VILLA PARK OR STONE & MANNS)
Price:
$575,000
low | high
Med:
$557,500
53.04347826087% of Average
SqFt:
3,569
low | high
Med:
2,998
66.01288876436% of Average
$ / SqFt:
$161
low | high
Med:
$192
30.92010466325% of Average
On Site:
41
low | high
Med:
130.500000
31.417624521073% of Average
Sourced by Back At You
Listing Updated: June 26, 2024 at 8:58:13 AM PDT
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