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PRICE $275,000 dsIDX morgage calculator
BEDS 4
BATHS 3
HOME SIZE 2,040 sqft
LOT SIZE 9,148 sqft

Well-maintained income property featuring a 3-bedroom / 2-bath main residence plus a detached 1-bedroom / 1-bath unit with private entrance. The property has been operated as a rental by the current owner and offers immediate income with upside potential. The main home features fresh interior paint, durable tile flooring throughout, a large indoor laundry/storage area, and recent upgrades including a newer roof, energy-efficient windows, updated flooring, and new plumbing fixtures (including a newly installed bathtub). Current annual gross income is $28,440 ($2,370/month), with estimated annual market rent of $31,200. Annual net income is approximately $21,312, based on projected 12 months of rent. Monthly operating expenses average approximately $594, including: Property taxes: ~$2,130 annually Insurance: ~$2,600 annually Typical repairs: ~$200/month Water paid by landlord and reimbursed by tenant Tenants pay electricity and trash collection, and handle lawn care. Lease terms are gross with a current 12-month lease in place. Ideally located less than five minutes from Polk State College, Winter Haven Hospital, Publix, and numerous restaurants and services - offering strong rental demand and convenient access to major roadways. Buyers are encouraged to independently verify zoning, unit count, and intended use with local authorities. Excellent opportunity for investors seeking a stabilized duplex with future rent growth potential in a desirable Winter Haven location.

DAYS ON MARKET 5 LAST UPDATED 2/16/2026
TRACT SILVERCREST ADD YEAR BUILT 1945
COMMUNITY 33881 - Winter Haven / Florence Villa COUNTY Polk
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Garden Grove Elem
Jr. High School Denison Middle
High School Winter Haven Senior


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Freezer, Range, Range Hood, Refrigerator
AREA 33881 - Winter Haven / Florence Villa
CONSTRUCTION Block, Stucco
EXTERIOR Other
HEAT Central
INTERIOR Other
LOT 9148 sq ft
LOT DIMENSIONS 60x144
SEWER Public Sewer
STORIES 1
SUBDIVISION SILVERCREST ADD
TAXES 2217.62
UTILITIES Electricity Connected, Sewer Connected
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 1201 5TH STREET NE
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Listing provided by George Waller, JR, BTW PROPERTIES OF LAKELAND, 863-944-4974
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 2/20/26 12:18 PM PST.

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