Sold

1510 Derby Avenue, Auburndale, FL 33823

Beds
4
Baths
2
Sqft
1,899

View property features, location on map, relevant school information and overview from seller's agent.

Listed byHut Team Realty
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Overview

IF YOU'RE A SAVVY INVESTOR, look no further! Excellent INVESTMENT opportunity! TWO HOMES FOR THE PRICE OF ONE! 2 RENOVATED rental homes with the potential of a 3rd home being built on the same lot. Unlock incredible potential with this rare multi-property opportunity in Auburndale, FL! Includes a total of TWO single-family homes (a 1BR/1BA - located in the front left of the lot and 3 BR/1BA - located towards the rear of the lot). FULLY RENOVATED with NEW AC mini-splits, NEW ROOF, new vinyl siding, new septic tank, drain fields and tankless water heaters. The 3/1 property is leased for $1,250 month/month. Very generous sized lot with ample parking spaces for each house, plus possible storage available. Seller can provide financing up to 70% of the sale amount on this property. Should you desire MORE cash flow, the adjacent property is also available for sale. The parcel includes a commercial building with front business space and two 1 bedroom apartments in the rear, all recently renovated as well. Current rents/price = over 11% return! With far higher future potential! NO HOA! Potential to live in one, and rent the rest! With its prime location just minutes from downtown Auburndale, scenic lakes, restaurants, and shopping, this property offers endless possibilities for investors, developers, or visionaries looking to capitalize on the area’s growth. Live in one and rent the other one. Seller financing and private financing available. Don’t miss your chance, this one won’t last!

Location

Full feature list

Basic info

Property type
House
Number of stories
1
Number of bedrooms
4
Number of bathrooms
2
Square feet
1,899
Lot size (acres)
0.81
Year built
1947

Interior features

Basement
Yes

Utilities

Heating
Electric
Sewer
Septic tank
Water
Private, Well

Taxes

Tax Annual Amount (2024)
$2,866.49

Public schools

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Sourced from: Stellar MLS MLS®#: P4936118 Last checked:

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