515-525 W CUMMINGS ST, LAKE ALFRED, FL, 33850
$225,000
Residential Income
Bedrooms
2
Bathrooms
2
Living Area
1,064 Sqft
Lot Size
6,996 Sqft
2019 Roof! NO HOA!! FHA/VA loan friendly! This duplex offers a rare combination of stability and flexibility, making it an ideal opportunity for both investors and owner-occupants alike. One unit is currently leased through February 28, 2027, while the second unit is on a month-to-month agreement with the tenant open to signing a new lease. Whether you are looking to expand your portfolio with reliable cash flow, house-hack by living in one unit while renting the other, Both units feature separate electric meters to minimize expenses, and the seller covers water at an average cost of less than $75 per month. With no HOA, there is room to bring your RV, boat, or trailer. Nearby outdoor amenities for Lake Swoope include a public boat ramp, boardwalk, and picnic areas. You are also less than 0.5 miles from Lions Park, which features a public boat ramp for Lake Alfred, a 700-acre freshwater lake, and the property is under 7 miles to I-4 for easy access to Tampa, Orlando, and Davenport’s Posner Park, a vibrant 80 acre retail hub with with Shopping, Restaurants and Entertainment including big brand anchor stores such as Target, Petsmart, Dicks Sporting Goods, Best Buy, Hobby Lobby, HomeGoods, Michaels, Books-A-Million, BJs Wholesale club, Cinepolis IMAX Theater and soooo much more. This is a versatile investment you will not want to miss. Schedule your private showing today!
Property Details
Property Features Property Features
MLS ID: MFRP4938536 Year Built: 1938
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer Construction Materials: Concrete
Cooling: Central Air Country: US
County Or Parish: Polk Exterior Features: Private Entrance
Fireplace Features: Wood Burning Foundation Details: Crawlspace
Heating: Central Laundry Features: Outside
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, FHA, VA Loan Lot Features: Corner Lot
Other Equipment: Private Entrance Patio And Porch Features: Rear Porch
Pets Allowed: Cats OK, Dogs OK, Yes Property Sub Type: Duplex
Property Type: Residential Income Road Surface Type: Paved
Roof: Shingle Sewer: Septic Tank
Showing Requirements: Lock Box Electronic Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Tenant Pays: Electricity Utilities: Electricity Connected, Water Connected
Water Source: Public
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