Three Duplexes (6 units) in Nice Neighborhood That Are Close to Everything!
 

514 Avenue C, NE, Winter Haven, Florida

DESCRIPTION:

Three duplexes (6 units) located on one parcel in nice centrally-located neighborhood.  Current owner recently purchased and has nicely upgraded these units during 2011.  All units have new carpet and vinyl flooring, new window A/C units, new windows and doors.  Water heaters replaced in 5 units.  New cabinets in 4 units.

LOCATION:  514 Avenue C, NE, Winter Haven, FL.  This property is in the heart of Winter Haven.  Winter Haven Hospital, medical offices and schools are a few blocks away.  Two city parks are within a block of the property.  A church is across the street, and the neighborhood is well-established.
SITE: Existing buildings.  Front duplex is a single-story building (1,448 SF).  Back duplexes are two-story buildings (936 SF and 1,104 SF)  Lot size is 80' x 140'.
INCOME & EXPENSES:
Since taking ownership and upgrading the units, Seller has rented out all units.  Current income is at $2,765/month with significant positive cash flow.  Detailed income and expense figures are available upon request.
 
UTILITIES: Water, sewer, telephone, gas and electric available.
ZONING:  City of Winter Haven - Residential Multi-family - up to 10 units per acre.
EMERGENCY: Fire, Police, and ambulance service available to the site.
PRICE: $159,000.00

 

Recent remodel done

Recent remodel done

Recent remodel done

Recent remodel done

Recent remodel done

Duplex #1 (from aerial)

Looking at Duplex #1 (front right) and Duplex #2 (back left) as depicted on aerial

Duplex #1 (from aerial)

Duplex #2 (from aerial)

Duplex #3 (from aerial)

Laundry facilities

Storage shed

Rear of Duplex #1 (from aerial)

All information contained herein has been obtained from sources deemed reliable.  The property information herein is derived from various sources that may include, but not be limited to, county records, a Multiple Listing Service or other commercial listing service. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification.   Coldwell Banker Commercial NRT, nor any agent thereof cannot guarantee this information.  We are not responsible for errors, omissions, prior sale, change in price, easements, zoning changes or withdrawal of property from the market without notice.

Mike Nolen, Sr. & Gloria J. Spanjers
Coldwell Banker Commercial NRT
290 Cypress Gardens Boulevard
Winter Haven, FL 33880
(863) 294-7541
(800) 955-7541
info@mycommercialteam.com

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