Address
460 S 3rd AVENUE, BARTOW, FL
Price
$ 229,000
Property Attributes
- MLS#O6207171
- TypePending
- CountyPOLK
- CityBARTOW
- AreaBartow
- NeighborhoodLee Add
- Zip33830
- StyleSingle Family Residence
- Year Built1950
- Taxes$ 977
- Price$ 229,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage898
- Lot Size0.12 Acres
Data Source:
Stellar MLS
Property Description
Under contract-accepting backup offers. 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!
| Price History | |
|---|---|
| 5/21/2024 | Listed $229,000 |
General Features
| Interior Features | Other |
|---|---|
| Sewer | Public Sewer |
| Heating | Central |
| Cooling | Central Air |
| Utilities | Electricity Connected,Sewer Connected,Sprinkler Recycled |
| Roof | Shingle |
| Appliances | Microwave,Refrigerator |
| Exterior Features | Other |
| Zoning | R-2 |
| Construction Materials | Block |
| Pets Allowed | Yes |
| Year Built | 1950 |
| Levels | Two |
| Property SubType | Single Family Residence |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| County | Polk |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Subdivision Name | LEE ADD |
| Facing Direction | South |
| Garage Y/N | No |
| Total Rooms | 9 |
| Status | Pending |
| Directions | Follow HWY 17S,Turn Right onto E Wabash St,Turn Right onto S 3rd Ave |
| ModificationTimestamp | 2024-06-07T20:28:22.583Z |
| City | BARTOW |
| Buyer Agent Compensation | 3% |
| View Y/N | No |
| Senior Community Y/N | No |
| MLS Area | 33830 - Bartow |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 5018 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | 3rd |
| Land Lease Y/N | No |
| Tax Annual Amount | 977.79 |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | Yes |
| Days on Market | 16 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Pending |
| Occupancy Type | Tenant |
| Tax Lot | 19 |
| Legal Description | LEE ADD DB 47 PG 202 LOT 19 |
| Minimum Lease | No Minimum |
| Water Access Y/N | No |
| Water View Y/N | No |
| Flood Zone Code | x |
Interior Features
| Flooring | Tile |
|---|---|
| Total Stories | 2 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 2 |
| Laundry Features | None |
| Total Bedrooms | 3 |
| LivingAreaSource | Public Records |
| Total Baths | 2 |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 5018 |
| Foundation Details | Slab |
| Building Area Total | 913 |
| Lot Dimensions | 50 x 100 |
| Street Suffix | AVENUE |
| Lot Size Acres | 0.12 |
| Road Surface Type | Asphalt |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 33830
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on June 16, 2024 1:30 AM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
