INVESTMENT OPPORTUNITY + INCOME-PRODUCING PROPERTY + NO HOA! Welcome to 501 Avenue G SE, Winter Haven, FL 33880, a unique single-family property grandfathered for multi-family use, offering flexibility for INVESTORS, HOUSE HACKERS, MULTI-GENERATIONAL LIVING, or OWNER-OCCUPANTS looking for rental income! Situated on a LARGE LOT, the property is currently configured as TWO SEPARATE LIVING UNITS with PRIVATE ENTRANCES AND SEPARATE YARD AREAS. The front residence features 3 BEDROOMS, 1 BATH, laminate flooring, and a dedicated laundry room, while the rear 1 BEDROOM, 1 BATH unit is currently TENANT OCCUPIED AT $1,220/MONTH by a reliable tenant who pays on time and is happy to discuss extending the lease—providing IMMEDIATE RENTAL INCOME for the next owner. Live in the front while collecting rent from the rear to help OFFSET YOUR MONTHLY MORTGAGE, or add this property to your rental portfolio as an INCOME-PRODUCING ASSET. For buyers looking for VALUE-ADD POTENTIAL, the existing layout provides an opportunity to reconfigure the property by creating a middle studio-style living space and converting the front residence to a 2-bedroom, 1-bath configuration. With NO HOA, separate living areas, existing rental income, a large lot, and additional upside potential, this property offers multiple possibilities for today's savvy buyer. Increase its overall value and rental potential. Property is being sold AS-IS. Whether you're searching for a HOUSE HACK, MULTI-GENERATIONAL HOME, RENTAL PROPERTY, VALUE-ADD INVESTMENT, PASSIVE INCOME OPPORTUNITY, or PRIMARY RESIDENCE WITH ADDITIONAL INCOME, this is one you don't want to miss!
Property Details
- Interior
- Primary Bedroom Main Floor, Thermostat
- Heating
- Central
- Cooling Features
- Central Air
- Bedrooms
- 4
- Bathrooms
- 2.0
- Full Baths
- 2
- Stories
- 1
- Exterior Materials
- Private Entrance, Private Yard
- Acres
- 0.24
- Square Feet
- 2288.0
- Parking Spaces
- 1
- Parking Type
- Carport
- Parking Garage Spaces
- 0.0
- Parking Carport Spaces
- 1.0
- Property Type
- Purchase
- Year Built
- 1955
- Foundation
- Slab
- Roof
- Shingle
- Sewer Information
- Public Sewer
- Utility Features
- Public
- Appliances
- Refrigerator
- Subdivision
- FANNING SUB
- Elementary School
- John Snively Elem
- Middle School
- Denison Middle
- High School
- Winter Haven Senior
- County
- Polk
- Region
- WINTER HAVEN
- Zoning
- R-1B
- Original List Price
- $319,900
- Days on Market (Cumulative)
- 16
- Taxes Annual
- $3,610
- Pets
- Cats OK, Dogs OK
- Pets Allowed
- Cats OK, Dogs OK
- Ownership
- Fee Simple
- MLS #
- O6436311
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: George Fleischmann | AveNew Realty
Provided By
Listed by Nomar Rosa (#MFR255002050)
Listing Office: LPT REALTY, LLC (#MFR261016803)
