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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
37
Photos
3
beds
2
baths
898
sqft
Built in
1950
Welcome to this meticulously renovated duplex that is performing at an 8% CAP RATE!! A hidden gem boasting the perfect blend of modern upgrades and a prime location. Please Note: PICTURES WERE TAKEN AFTER RENOVATIONS BUT PRIOR TO THE ROOF BEING INSTALLED IN APRIL. This property offers a rare opportunity with its functional layout featuring two separate units. Upstairs is a spacious 2-bedroom / 1-bathroom unit, and downstairs is a 1-bedroom / 1-bathroom unit. Take note that the unique R-2 zoning of this property opens the door for possibility. Regardless of the county records classifying it as a single-family home, it is structured / set up and built like a duplex, and has been grandfathered in with the county. Some Recent highlights include the following renovations: a new roof, HVAC Units, Water Heaters, Cabinets, Counter Tops, Toilets, Vanities, Exterior/interior Paint, Appliances, Trimming, Blinds, and Doors. Providing the right investor both durability and peace of mind for the years to come. Currently, both units are tenant-occupied and are generating a combined monthly income of $2,025. One unit is leased for $925 a month and the other unit is leased for $1,100 a month, which brings us to an annual gross income of $24,300. Electricity is on separate meters per unit and the water is currently being paid by the owners. With long term ownership of this property, these figures will improve and you'll have a Cash-flowing lucrative opportunity in your portfolio. The property is conveniently located close to Downtown Bartow, residents will enjoy easy access to shopping, dining, emergency services, and much more. Whether you're seeking a savvy investment or a place to call home, this renovated duplex offers the perfect combination of comfort, convenience, and income potential. Don't miss out on this exceptional opportunity. Give us a call today and experience the best of Bartow living!
Features & Amenities
Interior
- General:
- Other
- Appliances:
- Microwave, Refrigerator
- Laundry:
- None
- Flooring:
- Tile
- A/C:
- true, Central Air
- Heating:
- true, Central
Exterior
- General:
- Other
Construction
- Roofing:
- Shingle
- General:
- Block, Two, Slab
Location
- Road/Access:
- Asphalt
- Originating MLS:
- Stellar MLS
- County:
- Polk
Lot
- Zoning:
- R-2, LEE ADD DB 47 PG 202 LOT 19, 253005382000000190
Utilities
- Utilities:
- Electricity Connected, Sewer Connected, Sprinkler Recycled
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Stellar MLS
- Buyers Agent Compensation:
- 3%
- NA Compensation:
- 0
This listing courtesy of:
GOOD MONEY REALTY, Gerard Verna Zorro
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Bartow, FL
Housing
- Number of Units
- 14,384
- Median Home Value
- $160,613
- Median Rent
- $701
30.84% of housing units are renter occupied.
9.22% are vacant.
Commute
- Car
-
81.31%
- Public Transportation
-
0.07%
- Walk to Work
-
0.78%
- Work from Home
-
15.42%
- Other
-
1.14%
The median travel time to work is 23 minutes.
People
- Population
- 35,489
- Median Age
- 37.20
- Median Household Size
- 2.81
Education
- High School
-
38.53%
- Associate’s Degree
-
8.87%
- Bachelor’s Degree
-
14.44%
- Graduate Degree
-
6.43%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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