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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 |
| 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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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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