House in Winter Haven, Florida 4 bedrooms, 168.71 sq.m. № 2318667

Property description

FULLY RENTED INVESTMENT PROPERTY + $2,845 MONTHLY RENTAL INCOME + NO HOA! Welcome to 501 Avenue G SE, Winter Haven, FL 33880, an INCOME-PRODUCING MULTI-FAMILY INVESTMENT OPPORTUNITY offering immediate cash flow for investors looking to expand their rental portfolio! This unique single-family property, GRANDFATHERED FOR MULTI-FAMILY USE, features TWO SEPARATE, FULLY OCCUPIED RENTAL UNITS generating a combined $2,845 PER MONTH OR $34,140 IN ANNUAL GROSS RENTAL INCOME! Situated on a LARGE LOT, both residences feature PRIVATE ENTRANCES AND SEPARATE YARD AREAS, providing privacy and convenience for tenants. The front residence offers 3 BEDROOMS, 1 BATHROOM, laminate flooring, and a dedicated laundry room, currently rented for $1,625 PER MONTH. The rear residence features 1 BEDROOM, 1 BATHROOM, currently rented for $1,220 PER MONTH. With 100% OCCUPANCY AND EXISTING RENTAL INCOME, this property provides an opportunity to acquire an established rental asset without the immediate need to secure tenants.