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Off market
  • $375,500

    5580 State Road 542 W, Winter Haven, FL 33880

    4beds
    2,200sqft
    MultiFamily
    Built in 1954
    -- sqft lot
    $375,500 Zestimate®
    $171/sqft
    $2,218 Estimated rent

    What's special

    Everything has been updated. LED lighting throughout. New electrical (excluding service panel). 3 newly remodeled full bathrooms. Master bath has large walk in shower and oversize jacuzzi tub. All new plumbing including thankless water heater. 2 full kitchens inside along with outdoor covered kitchen with gas grill and granite. Home has mother in law suite with front and rear private entrance separate from main entrances. There is a '20x'10 workshop with full electric and a half bath in it. It also has a custom office area and plenty of shelving and workbench space. Key features : of the 3.4 acres 2.5 can be and is used for parking when the speedway hosts large events. Income from this varies between $7-10k a year. The mother in law suite is used as a rental and generates $800.00 per month. Included in rental is utilities which average $100-150 per month. So on average expect to earn at least $15,000.00 per year for the rental and proceeds from parking. Basically the property pays for itself and a little extra.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Linoleum / Vinyl
    • Basement: None
    Interior area
    • Total interior livable area: 2,200 sqft

    Property

    Lot
    • Size: 3 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1954

    Community & neighborhood

    Location
    • Region: Winter Haven
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $375,500

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $375,500