The Story

517 Oak Street

Auburndale, FL 33823 · Residential

AUBURNDALE INVESTMENT OPPORTUNITY • TWO SEPARATE RESIDENCES • $2,900/MONTH CURRENT GROSS RENTAL INCOME • APPROX. $80,000 IN IMPROVEMENTS • ALSO AVAILABLE FOR LEASE • SELLER MOTIVATED! Welcome to 517 Oak St, Auburndale, FL 33823, an income-producing property featuring two separate residences/living spaces and established rental income. 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, generating combined current gross rental income of $2,900/month ($34,800 annually). The owner reports approximately $80,000 in renovations and improvements, creating an attractive opportunity for investors seeking a property with existing rental income and multiple living spaces. Sale is subject to applicable existing lease terms. ADDITIONAL LEASE OPTION: Property is also offered for lease at $2,900/month, subject to existing leases, availability, lease terms, application requirements, and approval. …


Facts & Features

Property Info

Price
$319,900
Completion Year
1,930
Living Space
950 sq ft
Floors
1
Bedrooms
3
Bathrooms
3

Features & Amenities

Cooling

Central Air

Heating

Central, Electric

Appliances

Cooktop, Microwave, Range, Refrigerator

Flooring

Luxury Vinyl

Roof

Shingle

Water Source

Public

Sewer

Public Sewer

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Listing Broker

IAD REAL ESTATE

Broker Name

IAD REAL ESTATE

Agent

Merly Esgro