517 OAK ST, Auburndale, FL 33823
517 OAK ST, Auburndale, FL 33823
517 OAK ST, Auburndale, FL 33823
517 OAK ST, Auburndale, FL 33823
517 OAK ST, Auburndale, FL 33823
517 OAK ST, Auburndale, FL 33823
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$ 319,900
Est. payment | /mo

3 Beds

2 Baths

950 SqFt


$ 319,900
Est. payment | /mo

3 Beds

2 Baths

950 SqFt

Key Details

Property Type Single Family Home, Duplex

Sub Type Half Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 950 sqft

Price per Sqft $336

Subdivision Auburndale Heights

MLS Listing ID O6422400

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1930

Annual Tax Amount $3,322

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 57x143

Property Sub-Type Half Duplex

Source Stellar MLS

Property Description

TURNKEY DUPLEX INVESTMENT OPPORTUNITY • FULLY LEASED • $2,900/MONTH CURRENT GROSS RENTAL INCOME • APPROX. $80,000 IN IMPROVEMENTS • SELLER MOTIVATED!
Income-producing property in Auburndale featuring two separate residences/living spaces, both currently tenant-occupied. The 4-bedroom, 3-bath residence is currently leased at $1,500/month, and the 2-bedroom, 2-bath residence is currently leased at $1,400/month, providing combined current gross rental income of $2,900/month ($34,800 annually).
The owner reports approximately $80,000 in renovations and improvements, offering an attractive opportunity for investors seeking an established rental property with existing rental income. Property is being sold subject to applicable existing lease terms.
Conveniently located with access to I-4, Lakeland, Winter Haven, Orlando, and Tampa, as well as nearby shopping, dining, schools, medical facilities, and other area amenities.
SELLER MOTIVATED! Property and lease information available upon request.
A bank-funded homeownership/lease-purchase program may also be available to qualified applicants through a third-party lender/program provider. The program may allow recent bank statements to be considered as part of income documentation, subject to program guidelines, underwriting, eligibility requirements, and approval. Ask for details.
Buyer and buyer's agents are encouraged to independently verify property use/classification, zoning, measurements, rental and lease information, program eligibility, and all other information deemed important. Schedule your showing today!

Location

State FL

County Polk

Community Auburndale Heights

Area 33823 - Auburndale

Zoning R-3

Interior

Interior Features Ceiling Fans(s)

Heating Central, Electric

Cooling Central Air

Flooring Luxury Vinyl

Furnishings Unfurnished

Fireplace false

Appliance Cooktop, Microwave, Range, Refrigerator

Laundry None

Exterior

Exterior Feature None

Utilities Available BB/HS Internet Available, Cable Available, Electricity Available

View Y/N No

Water Access No

Roof Type Shingle

Exposure East

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Stucco,Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Lease Purchase, Private Financing Available, VA Loan

Listing Terms Cash, Conventional, Lease Purchase, Private Financing Available, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6422400

Stellar MLS
Listed by Merly Esgro IAD REAL ESTATE

Nearby Locations

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517 OAK ST