3011 ERNEST DR, AUBURNDALE, FL, 33823
$780,000
Residential Income
Bedrooms
12
Bathrooms
12
Living Area
5,236 Sqft
Lot Size
17,476 Sqft
Exceptional opportunity to acquire a fully occupied six-unit multifamily investment consisting of 3 duplex buildings situated on approximately 0.40 acres in a high-demand growth corridor just off US-92. The property features all 2-bedroom, 2-bathroom units with newly updated interiors and new roofs, offering investors a turnkey asset with strong rental appeal and reduced near-term capital expenses. The property is fully occupied with long-term leased tenants in place, providing immediate and stable cash flow. Currently generating $6,600/month in rental income. Efficient operations with separately metered utilities, allowing tenants to pay all utilities directly and helping minimize landlord expenses. Each unit also features its own fully fenced private yard along with washer and dryer hookups, adding convenience, privacy, and increased tenant appeal. Strategically located only 1.5 miles from the US-92/FL-570 interchange with exposure to over 57,300 combined vehicles/ day, the property is surrounded by major national retailers and dining destinations including Walmart Supercenter, Lowe’s, ALDI, Publix, Chili’s, McDonald’s, and more. With 3 duplex buildings, recent capital improvements, updated interiors, long-term tenants, and a prime location in an expanding retail and residential corridor, this property presents an outstanding investment opportunity for buyers seeking stable income, low-maintenance ownership, and long-term appreciation potential.
Property Details
Property Features Property Features
MLS ID: MFRA4694414 Year Built: 1979
Construction Materials: Block, Stucco Cooling: Central Air
Country: US County Or Parish: Polk
Exterior Features: Fence Foundation Details: Slab
Heating: Electric Laundry Features: Electric Dryer Hookup, Outside, Washer Hookup
Lease Term: Twelve Months Listing Agreement: Exclusive Right To Sell
Property Sub Type: Duplex Property Type: Residential Income
Road Surface Type: Asphalt Roof: Shingle
Sewer: Public Sewer Showing Requirements: Call Listing Agent
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Sewer Connected, Water Connected
Water Source: Public
We love to hear from you