Description

TWO RESIDENCES ON ONE LOT MOTHER-IN-LAW SUITE $2,900 MONTHLY RENTAL INCOME NO HOA AUBURNDALE, FL!Discover this unique income-producing residential property at 517 Oak St and 517 1/2 Oak St, Auburndale, FL, featuring two separate residences on one parcel, a total of 6 bedrooms and 5 bathrooms, separate kitchens, and established rental income. This property provides flexible residential living arrangements and investment possibilities.MAIN RESIDENCE - 517 OAK STThe main residence features 4 bedrooms, 3 bathrooms, a spacious living layout, and a new A/C system. The home includes comfortable living areas and functional spaces for everyday use.SECOND RESIDENCE - 517 1/2 OAK STThe separate mother-in-law residence features 2 bedrooms, 2 bathrooms, its own kitchen, additional living space, and a new water heater. The separate layout provides additional residential space and potential rental flexibility, subject to applicable regulations and permitted uses.CURRENT RENTAL INCOME:Main residence: $1,500 monthlySecond residence: $1,400 monthlyCombined gross rental income: $2,900 monthly / $34,800 annuallyLocated in Auburndale, Polk County, Florida, with convenient access to Winter Haven, Lakeland, shopping, dining, and major Central Florida roadways, including Interstate 4.Property features include two separate residences on one lot, a mother-in-law suite, no HOA, separate kitchens, and existing rental income. The configuration provides options for residential ownership, additional living space, and income-producing use, subject to applicable requirements.TWO RESIDENCES 6 BEDROOMS 5 BATHROOMS NO HOA EXISTING RENTAL INCOME!Sale subject to existing leases. Rental amounts are based on seller-provided information. Buyer and buyer's agent to independently verify property classification, permitted use, unit configuration, square footage, lease terms, rental income, financing eligibility, and all property details.Schedule your private showing today!