For Sale
$ 575,000
1923 Mission Style
725 W Central Ave
Winter Haven, Florida 33880
Winter Haven, Florida 33880
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Back on market because buyer's loan fell through & now we have appraisal (came in at full price), inspections, title work & survey already done! Fantastic investment property w/ 2 buildings & possible owner financing w/ 50% down!
Main (front) building has 2500 sq feet & is currently used for professional office space, (has been for previous owners as well), & it has lots of paved parking. It was originally a home & could easily be lived in again & is perfect for a residence with home office/business combined.
2nd building is a duplex with two 1BR/1BA units that are 700 sq ft each & both units in the duplex building have long term tenants that would like to stay, yet they're on month to month basis so the new owner has options.
The main front building has just been freshly painted & has pretty wood floors throughout, a roof that is only a few years old, a beautifully remodeled kitchen w/ tile floor, a sitting area with a lovely fireplace & gorgeous coffered ceilings, dual zoned air conditioning w/ a fairly new unit in the upstairs area, & there's even a basement for extra storage!
Downstairs consists of full kitchen, 1/2 bath, the large sitting area, & 2 extra rooms. Upstairs has another quaint sitting area, a full bathroom that needs remodeled & 4 nice sized rooms. One of these rooms has 1/2 bath plus a small bonus room off of it. Some rooms would need closets added back to them if they were to be used as bedrooms.
The duplex (rear) building has 2 separate electric meters & 2 central heat & air systems with upstairs c/h/a system only apprx 1-2 years old. Upstairs duplex unit has a new shower & wood floors in liv rm & BR. Downstairs duplex unit has tile & fairly new carpet. Duplex roof was also just redone within the past few months.
The recent appraisal showed income potential for main building to be $2,800/mo. if rented residentially & $1200./mo for each of the duplex units, although the current rents on the duplex are less than that right now.
Located right by the Central business district & just 1 block from Lk Howard, this property could even be used as an Air B & B! Main front building has transferable termite bond. All measurements are approx & owner is listing agent.
Main (front) building has 2500 sq feet & is currently used for professional office space, (has been for previous owners as well), & it has lots of paved parking. It was originally a home & could easily be lived in again & is perfect for a residence with home office/business combined.
2nd building is a duplex with two 1BR/1BA units that are 700 sq ft each & both units in the duplex building have long term tenants that would like to stay, yet they're on month to month basis so the new owner has options.
The main front building has just been freshly painted & has pretty wood floors throughout, a roof that is only a few years old, a beautifully remodeled kitchen w/ tile floor, a sitting area with a lovely fireplace & gorgeous coffered ceilings, dual zoned air conditioning w/ a fairly new unit in the upstairs area, & there's even a basement for extra storage!
Downstairs consists of full kitchen, 1/2 bath, the large sitting area, & 2 extra rooms. Upstairs has another quaint sitting area, a full bathroom that needs remodeled & 4 nice sized rooms. One of these rooms has 1/2 bath plus a small bonus room off of it. Some rooms would need closets added back to them if they were to be used as bedrooms.
The duplex (rear) building has 2 separate electric meters & 2 central heat & air systems with upstairs c/h/a system only apprx 1-2 years old. Upstairs duplex unit has a new shower & wood floors in liv rm & BR. Downstairs duplex unit has tile & fairly new carpet. Duplex roof was also just redone within the past few months.
The recent appraisal showed income potential for main building to be $2,800/mo. if rented residentially & $1200./mo for each of the duplex units, although the current rents on the duplex are less than that right now.
Located right by the Central business district & just 1 block from Lk Howard, this property could even be used as an Air B & B! Main front building has transferable termite bond. All measurements are approx & owner is listing agent.
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| Multi-Family | |
| Bedrooms | 5 |
| Full Baths | 4 |
| Heated Sq. Ft. | 3,898 |
| Acres | 0.3 |
| MLS No. | P4926247 |
Features.
- Has Rentable Unit(s)
- Basement
- Fireplaces
- Tile Roof
- Walk-in Shower(s)
- Wood floors
- Coffered Ceilings
- French doors
- Vintage Hardware
Like This Listing?
Contact the Agent directly.
JULIE MATTHEWS GROUP LLC
Julie Matthews
Phone: 863-875-7922
jmatthewsgroup@aol.com
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