A great piece of real estate! This 5-unit, income producing $599,000

Lake Lot Off Market

A great piece of real estate! This 5-unit, income producing property is now available in Winter Haven! Just up the street from Lake Howard, this property is conveniently located to many area amenities. There are two buildings on site with one 2-bedroom unit ($1,000 at last occupancy), three 1-bedroom units and one 1-bedroom unit with a large bonus room. Three units are occupied on current leases which are available for renewal mid to late 2024, one unit is occupied on MTM lease, and one unit is vacant after recent turn around. All units have recently updated kitchens and bathrooms. Two of the units have washer/dryer hook-ups. Units are metered separately for utilities. Roofs were done in 2016/2017. There is a gravel parking lot off the alley and a large community yard with lawn maintenance provided by owner.