517 OAK St, Auburndale, FL 33823
- Beds
- 6
- Baths
- 5
- Sqft
- 930
Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.
- 0
- 0
Overview
Turnkey Duplex Investment Opportunity | Fully Leased | Strong Cash Flow | Auburndale, FL
Exceptional income-producing duplex in the heart of Auburndale, Florida, offering immediate cash flow with both units currently leased. This turnkey multifamily property is an excellent opportunity for investors seeking stable rental income in the growing Polk County market.
The property features a spacious 4-bedroom, 3-bathroom residence leased at $1,500 monthly and a well-appointed 2-bedroom, 2-bathroom residence leased at $1,400 monthly, generating $2,900 in monthly rental income ($34,800 annually).
The owner has invested approximately $80,000 in renovations and improvements, enhancing the property's value while helping reduce future maintenance costs. Well maintained with dependable tenants already in place, this duplex allows the new owner to begin receiving rental income immediately after closing.
Ideally located near Interstate 4, the property provides convenient access to Lakeland, Winter Haven, Orlando, and Tampa. Shopping, dining, schools, parks, medical facilities, and major employers are all just minutes away.
Investment Highlights
Fully leased duplex
Immediate rental income
Monthly rental income of $2,900
Approximately $80,000 in recent upgrades
Separate living spaces with excellent rental appeal
Ideal for investors seeking consistent income
Strong rental market in Central Florida
Convenient access to I-4, Lakeland, Winter Haven, Orlando, and Tampa
Excellent addition to any real estate investment portfolio
Whether you're completing a 1031 Exchange, expanding your portfolio, or purchasing your first multifamily investment, this Auburndale duplex offers an exceptional opportunity to own an established income-producing property in one of Central Florida's fastest-growing areas. Seller is motivated! Don't let the asking price stop you. This is an outstanding opportunity to own a well-maintained, income-producing property in one of Central Florida's fastest-growing markets. Schedule your private showing today!
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 6
- Number of bathrooms
- 5
- Square feet
- 930
- Lot size (acres)
- 0.19
- Year built
- 1930
Interior features
- Laundry
- None
Exterior features
- Horse amenities
- Stable
Utilities
- Heating
- Electric, Central
- Cooling
- Central Air
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $3,322.40
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Stellar MLS MLS®#: O6422402 Last checked: …
