Commercial property in Auburndale, Florida 3 bedrooms, 120.77 sq.m. № 2317273

Property description

Virtually Staged. INVESTMENT OPPORTUNITY IN AUBURNDALE! Income-producing duplex located at 229 McKean Street, just minutes from Downtown Auburndale. Each unit features 1 bedroom, 1 bathroom, and dedicated storage space, with estimated market rents of approximately $950/month per unit, offering potential gross rental income of approximately $1,900/month or $22,800 annually. Major improvements include a BRAND-NEW ROOF, updated electrical systems, and A/C systems approximately 3 to 4 years old, along with additional property upgrades, helping reduce some of the larger upfront expenses for a new owner. Conveniently located near Lake Myrtle Sports Park, the Auburndale/TECO Trail, Lake Ariana Park, with easy access to Winter Haven, Lakeland, and surrounding Central Florida communities. Whether you’re looking to add a multifamily property to your portfolio or secure an investment with income potential from two units, this Auburndale duplex is worth a look. Schedule your showing today!