517 OAK ST, AUBURNDALE, FL, 33823
$299,000
Residential
Bedrooms
5
Bathrooms
5
Living Area
1,700 Sqft
Lot Size
8,111 Sqft
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 ½ 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 ST The 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 ½ OAK ST The 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 monthly Second residence: $1,400 monthly Combined gross rental income: $2,900 monthly / $34,800 annually Located 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!
Property Details
Property Features Property Features
MLS ID: MFRO6455232 Year Built: 1930
Appliances: Dishwasher, Microwave, Range, Refrigerator Construction Materials: Stucco
Cooling: Central Air, Attic Fan Country: US
County Or Parish: Polk Direction Faces: West
Exterior Features: Private Entrance Flooring: Laminate, Tile
Foundation Details: Slab Furnished: Unfurnished
Heating: Central, Electric Laundry Features: None
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, FHA, Lease Option, Lease Purchase, Other, Private Financing Available, VA Loan Occupant Type: Tenant
Other Equipment: Private Entrance Property Condition: Completed
Property Sub Type: Single Family Residence Property Type: Residential
Road Surface Type: Paved Roof: Shingle
Sewer: Public Sewer Showing Requirements: Appointment Only, Text List Agent
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
Water Source: Public
Rooms Rooms
Kitchen: Living Room:
Primary Bedroom:
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