501 AVENUE G, Winter Haven, Florida, United States, 33880

319,900
for Sale
4
2
10,511

About the property:

INVESTMENT OPPORTUNITY + INCOME-PRODUCING PROPERTY + NO HOA! Welcome to 501 Avenue G SE, Winter Haven, FL 33880, a unique single-family property grandfathered for multi-family use, offering flexibility for INVESTORS, HOUSE HACKERS, MULTI-GENERATIONAL LIVING, or OWNER-OCCUPANTS looking for rental income! Situated on a LARGE LOT, the property is currently configured as TWO SEPARATE LIVING UNITS with PRIVATE ENTRANCES AND SEPARATE YARD AREAS. The front residence features 3 BEDROOMS, 1 BATH, laminate flooring, and a dedicated laundry room, while the rear 1 BEDROOM, 1 BATH unit is currently TENANT OCCUPIED AT $1,220/MONTH by a reliable tenant who pays on time and is happy to discuss extending the lease—providing IMMEDIATE RENTAL INCOME for the next owner. Live in the front while collecting rent from the rear to help OFFSET YOUR MONTHLY MORTGAGE, or add this property to your rental portfolio as an INCOME-PRODUCING ASSET. For buyers looking for VALUE-ADD POTENTIAL, the existing layout provides an opportunity to reconfigure the property by creating a middle studio-style living space and converting the front residence to a 2-bedroom, 1-bath configuration. With NO HOA, separate living areas, existing rental income, a large lot, and additional upside potential, this property offers multiple possibilities for today's savvy buyer. Increase its overall value and rental potential. Property is being sold AS-IS. Whether you're searching for a HOUSE HACK, MULTI-GENERATIONAL HOME, RENTAL PROPERTY, VALUE-ADD INVESTMENT, PASSIVE INCOME OPPORTUNITY, or PRIMARY RESIDENCE WITH ADDITIONAL INCOME, this is one you don't want to miss!
Property Type:
Single Family Residence
Status:
for Sale
House Style:
Other
Bedrooms:
4
Bathrooms:
2
Full Bathrooms:
2
Acres:
0.24
Square Feet:
1816
Area:
33880 - Winter Haven/Eloise/JPV/Wahnetta
Central A/C:
Yes
Central A C Details:
Central Air
Heating:
Central
Exterior:
Private Entrance, Private Yard
Interior Features:
Primary Bedroom Main Floor, Thermostat
Appliances:
Refrigerator
Sewer:
Public Sewer
Directions:
From I-4, take US-27 S toward Winter Haven. Turn right onto FL-544 W/Lucerne Park Rd and continue toward Downtown Winter Haven. Continue south on 1st St, turn left onto Avenue G SE, and proceed to 501 Avenue G SE, located near the corner of 5th St SE and
Association Fee:
0
Is Den:
Yes
Is Investment:
Yes
Is Investment Opportunity:
Yes
Annual Property Taxes:
3,610
Listing ID:
O6436311

Rooms

Dimensions

First
Living Room
Kitchen
Bedroom 3
Bedroom 2
Primary Bedroom
Brokered by:
Lpt Realty
Presented By:

Tim Hayes

REALTOR®

LPT Realty