BEDS0
BATHS
SQUARE FEET1,275
MLS#TB8494435
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBOOKER
Property Description
Under contract-accepting backup offers. Accepting Backup Offers. Cash-flowing block duplex in Winter Haven, FL offering immediate income and upside, with (2) 2 bed / 1 bath units currently leased at $1,150/month & $1,200/Mo ($2,350/month total) to long-term tenants, providing stable day-one cash flow. Recent improvements include a brand-new roof (2023), privacy fence, and on-site storage shed with potential for additional income, while rents remain below market, presenting a straightforward opportunity to increase NOI through rent growth. Conveniently located near The Home Depot and major retail corridors, the property benefits from strong tenant demand, making it an attractive low-risk, value-add workforce housing investment in a growing Polk County submarket.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Ductless
Lot Size: 0.12 Acres
Roof Type: Shingle
Taxes: $4,265
Year Built: 1962
Amenities
Ceiling Fans(s)
Kitchen/Family Room Combo
Fence
Private Mailbox
Private Yard
Storage
Feature Descriptions
Annual Net Income: 20000.00
Days on Site: 1
Directions: From Downtown Winter Haven, head north on US-17 (3rd St SW), then turn right onto Avenue X NE. Continue east on Avenue X NE for approximately 0.5â??1 mile. The property will be located on your right-hand side.
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.12
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: HANCO & ASSOCIATES
Agency Contact: 813-833-2185
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,022.48 per month $589.78 Principal & Interest $355.42 Property Tax $77.29 Homeowner's InsuranceChange Payment Information
2312 NE Second Street | MLS# TB8494435
This multi-family property located at 2312 NE Second Street, Winter Haven, FL 33881 is currently listed for sale with an asking price of $265,000. Search Winter Haven real estate on www.realtymark.net today.