Tyler Loyd
REALTOR®
BEDS6
BATHS
SQUARE FEET930
MLS#O6422402
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONAUBURNDALE HEIGHTS
Property Description
Turnkey Duplex Investment Opportunity | Fully Leased | Strong Cash Flow | Auburndale, FLExceptional income-producing duplex in the heart of Auburndale, Florida, offering immediate cash flow with both units currently leased. This turnkey multifamily property is an excellent opportunity for investors seeking stable rental income in the growing Polk County market.The property features a spacious 4-bedroom, 3-bathroom residence leased at $1,500 monthly and a well-appointed 2-bedroom, 2-bathroom residence leased at $1,400 monthly, generating $2,900 in monthly rental income ($34,800 annually).The owner has invested approximately $80,000 in renovations and improvements, enhancing the property's value while helping reduce future maintenance costs. Well maintained with dependable tenants already in place, this duplex allows the new owner to begin receiving rental income immediately after closing.Ideally located near Interstate 4, the property provides convenient access to Lakeland, Winter Haven, Orlando, and Tampa. Shopping, dining, schools, parks, medical facilities, and major employers are all just minutes away.Investment HighlightsFully leased duplexImmediate rental incomeMonthly rental income of $2,900Approximately $80,000 in recent upgradesSeparate living spaces with excellent rental appealIdeal for investors seeking consistent incomeStrong rental market in Central FloridaConvenient access to I-4, Lakeland, Winter Haven, Orlando, and TampaExcellent addition to any real estate investment portfolioWhether you're completing a 1031 Exchange, expanding your portfolio, or purchasing your first multifamily investment, this Auburndale duplex offers an exceptional opportunity to own an established income-producing property in one of Central Florida's fastest-growing areas. Seller is motivated! Don't let the asking price stop you. This is an outstanding opportunity to own a well-maintained, income-producing property in one of Central Florida's fastest-growing markets. Schedule your private showing today!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Attic Fan
Heating: Central, Electric
Lot Size: 0.19 Acres
Roof Type: Shingle
Taxes: $3,322
Year Built: 1930
Amenities
Primary Bedroom Main Floor
Fence
Private Entrance
Feature Descriptions
Annual Net Income: 34800.00
Directions: 6th ST NW (Hwy 17 N), left on Havendale Blvd (544) to Magnolia. Make left on Oak, house on left.
Exterior: Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Lease Purchase, Private Financing Available
Lot Dimensions: 0.19
Other Equipment: Private Entrance
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Do Not Contact Tenants, See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R-3
Listed By / Shown By
Listed By
Agency Name: IAD REAL ESTATE
Agency Contact: 407-720-0020
Shown By
Agent Name: Tyler Loyd
Agent Phone: (813) 832-5400
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 1,258.30 per month $867.75 Principal & Interest $276.83 Property Tax $113.72 Homeowner's InsuranceChange Payment Information
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517 Oak Street | MLS# O6422402
This multi-family property located at 517 Oak Street , Auburndale, FL 33823 is currently listed for sale with an asking price of $389,900. Search Auburndale real estate on tloyd.floridaexecutiverealty.com today.