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$359,000
3 Beds ⋅ 2 Baths ⋅ Auburndale Heights SubDv. ⋅ 33823 Zip Code
Residential Investment Opportunity with Mother-in-Law Suite | Fully Leased | Immediate Cash Flow | Auburndale, FL Excellent income-producing property with immediate rental income! This well-maintained residential investment features two separate living spaces, making it an ideal opportunity for investors seeking strong cash flow in the growing Auburndale market. The property includes: Main Residence: 3 bedrooms, 2 bathrooms – currently leased for $1,500/month Mother-in-Law Residence: 2 bedrooms, 1 bathrooms – currently leased for $1,400/month Together, the property generates $2,900 month ($34,800 annually) in rental income with dependable tenants already in place, allowing the new owner to begin receiving rental income immediately after closing. The current owner has invested approximately $80,000 in renovations and improvements, helping minimize future maintenance while increasing the property's long-term value. Investment Highlights Fully leased with immediate cash flow Annual gross rental income of $34,800 Approximately $80,000 in recent upgrades Separate living spaces with excellent rental demand Reliable tenants already in place Low-maintenance investment opportunity Strong rental market in Polk County Convenient access to I-4, Lakeland, Winter Haven, Orlando, and Tampa Close to shopping, restaurants, schools, medical facilities, parks, and major employers Whether you're completing a 1031 Exchange, expanding your investment portfolio, or purchasing your first income-producing property, this is an outstanding opportunity to own a cash-flowing asset in one of Central Florida's fastest-growing markets. Schedule your private showing today!

517 Oak Street, Auburndale
$359,000
6 Beds ⋅ 5 Baths ⋅ Auburndale Heights SubDv. ⋅ 33823 Zip Code
Turnkey Duplex Investment Opportunity | Fully Leased | Strong Cash Flow | Auburndale, FL Exceptional 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 Highlights Fully leased duplex Immediate rental income Monthly rental income of $2,900 Approximately $80,000 in recent upgrades Separate living spaces with excellent rental appeal Ideal for investors seeking consistent income Strong rental market in Central Florida Convenient access to I-4, Lakeland, Winter Haven, Orlando, and Tampa Excellent addition to any real estate investment portfolio Whether 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!

517 Oak Street, Auburndale