Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1955
Sq.Footage
1,816
Welcome to an exceptional HOUSE HACKING and INVESTMENT OPPORTUNITY in the heart of Winter Haven! Legally classified as a SINGLE-FAMILY HOME, this unique property is GRANDFATHERED FOR MULTI-FAMILY USE and is currently configured as two separate living units, making it ideal for INVESTORS, OWNER-OCCUPANTS, or MULTI-GENERATIONAL LIVING. The front unit features 3 BEDROOMS, 1 BATHROOM, its own PRIVATE CARPORT, LAUNDRY ROOM, separate entrance, and private backyard, while the rear unit offers 1 BEDROOM, 1 BATHROOM, a private entrance, private backyard, and is currently rented for OVER $1,200 /MONTH. For added comfort, energy efficiency, and long-term value, the rear unit has been upgraded with a NEW MINI-SPLIT A/C SYSTEM, providing efficient climate control for tenants. The front unit has an estimated rental value of $1,650-$1,750 /MONTH, creating a projected combined rental income of approximately $2,850-$3,000+ /MONTH. Looking for additional upside? One of the bedrooms in the front unit has its OWN EXTERIOR ENTRANCE leading to the patio and offers exciting VALUE-ADD POTENTIAL for a future studio or efficiency conversion by adding a bathroom and kitchenette (buyer to verify all permitting, zoning, and city requirements). Recent 2023 UPDATES include updated kitchen countertops, fresh exterior paint, new flooring and interior paint in the rear unit, along with the installation of the NEW MINI-SPLIT A/C, making this property truly move-in and rent-ready. The home is serviced by ONE WATER METER and TWO SEPARATE ELECTRICAL METERS, allowing each unit to maintain its own electrical service. Perfectly situated just minutes from DOWNTOWN WINTER HAVEN, the famous Chain of Lakes, shopping, dining, healthcare, and schools, you'll also enjoy convenient access to US-27, I-4, Orlando International Airport, Downtown Orlando, and Walt Disney World, along with many of Central Florida's top attractions. As Winter Haven continues to experience significant residential, commercial, and economic growth, this property presents an outstanding opportunity to capitalize on both IMMEDIATE CASH FLOW and LONG-TERM APPRECIATION, whether you're looking to LIVE IN ONE UNIT WHILE RENTING THE OTHER, expand your investment portfolio, or own a versatile income-producing property with exceptional future potential. For added flexibility, the front 3-bedroom unit is also being offered FOR RENT, creating additional options for investors or future owner-occupants. Front Unit was Virtually Staged.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Attic Fan
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central, Ductless
-
Pet friendly
Cats OK, Dogs OK, Number Limit, Size Limit
Exterior
-
Garage
No
-
Construction Materials
Block
-
Other Exterior Features
Courtyard
-
Patio and Porch Features
Porch, Screened
-
Pool
No
-
Waterfront YN
NO
-
View
City
Area & Lot
-
Lot Features
Corner Lot, Landscaped, Paved
-
Lot Size(acres)
0.24
-
Lot Size(square feet)
10511.0
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$319,900
-
Tax Amount
$3,610
-
Sq. Footage
1, 816
-
Price/SqFt
$176
HOA
-
Association
No
School District
-
Elementary School
John Snively Elem
-
Middle School
Denison Middle
-
High School
Winter Haven Senior
Property Features
-
New Construction
NO
-
Foundation Details
Block
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
9
-
Water Source
Public
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Location
County
Polk
Elementary School
John Snively Elem
Middle School
Denison Middle
High School
Winter Haven Senior
Listing Courtesy of Nomar Rosa , LPT REALTY, LLC
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FOUNDER
Ashley Baillio
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