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Prime Investment Opportunity: Two Income-Producing Homes on One Lot! This .70-acre property presents a unique chance to maximize your rental income with two fully remodeled homes. Whether you're looking to expand your real estate portfolio or start generating passive income, this property is a ready-made solution. At the front, there's a 1958 3-bedroom, 1-bath home, and at the back, a 1990 3-bedroom, 2-bath double-wide mobile home. Both units have been fully updated in the last year with new flooring, electrical, plumbing, windows, and roofs, making them turnkey rentals with no renovation costs required. Each home operates independently with its own septic system, while a shared well with a water softener system supplies water to both"”meaning no water or sewer bills for your tenants or management headaches for you. Both units also come with their own storage sheds, adding to their tenant appeal. The property is fully fenced, offering privacy and security, and with R3 zoning, there's the potential to add a third rental unit to further boost cash flow. Whether you're targeting long-term tenants or short-term rentals, this property offers immediate and long-term income-generating potential.
| DAYS ON MARKET | 57 | LAST UPDATED | 11/20/2024 |
|---|---|---|---|
| TRACT | SANHEATH | YEAR BUILT | 1958 |
| COMMUNITY | 33830 - Bartow | COUNTY | Polk |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Pinewood Elem |
|---|---|
| Jr. High School | Westwood Middle |
| High School | Lake Region High |
| PRICE HISTORY | |
| Prior to Oct 24, '24 | $395,000 |
|---|---|
| Oct 24, '24 - Nov 20, '24 | $380,000 |
| Nov 20, '24 - Today | $375,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Microwave, Range, Refrigerator, Water Softener |
| AREA | 33830 - Bartow |
| CONSTRUCTION | Vinyl Siding |
| EXTERIOR | Lighting, Storage |
| HEAT | Central |
| INTERIOR | Eat-in Kitchen, Walk-In Closet(s) |
| LOT | 0.7 acre(s) |
| LOT DESCRIPTION | Near Public Transit, Paved |
| LOT DIMENSIONS | 100x307 |
| PARKING | Off Street, Open |
| SEWER | Septic Tank |
| STORIES | 1 |
| SUBDIVISION | SANHEATH |
| TAXES | 1922.37 |
| UTILITIES | Cable Available, Electricity Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods |
| WATER | Private, Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Harold Baker, KELLER WILLIAMS REALTY SMART 1, 863-508-3000
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 11/23/24 7:23 AM PST.
This IDX solution is (c) Diverse Solutions 2024.