517 Oak Street, Auburndale, FL 33823

Property Description

TURNKEY DUPLEX INVESTMENT OPPORTUNITY • FULLY LEASED • $2,900/MONTH CURRENT GROSS RENTAL INCOME • APPROX. $80,000 IN IMPROVEMENTS • SELLER MOTIVATED! Income-producing property in Auburndale featuring two separate residences/living spaces, both currently tenant-occupied. The 4-bedroom, 3-bath residence is currently leased at $1,500/month, and the 2-bedroom, 2-bath residence is currently leased at $1,400/month, providing combined current gross rental income of $2,900/month ($34,800 annually). The owner reports approximately $80,000 in renovations and improvements, offering an attractive opportunity for investors seeking an established rental property with existing rental income. Property is being sold subject to applicable existing lease terms. Conveniently located with access to I-4, Lakeland, Winter Haven, Orlando, and Tampa, as well as nearby shopping, dining, schools, medical facilities, and other area amenities. SELLER MOTIVATED! Property and lease information available upon request. A bank-funded homeownership/lease-purchase program may also be available to qualified applicants through a third-party lender/program provider. The program may allow recent bank statements to be considered as part of income documentation, subject to program guidelines, underwriting, eligibility requirements, and approval. Ask for details. Buyer and buyer's agents are encouraged to independently verify property use/classification, zoning, measurements, rental and lease information, program eligibility, and all other information deemed important. Schedule your showing today!