1510 DERBY AVENUE AUBURNDALE, FL 33823

$199,900

6 Beds

3 Baths

1584 sqft

Property Details

MLS#

P4936118

Type

Single Family Residence

Status

Active Listing

Square Footage

1,584

Bedrooms

6

Bathrooms

3 full

Year Built

1947

Tax Amount

$2,866

Property Description

IF YOU'RE A SAVVY INVESTOR, look no further! Excellent INVESTMENT opportunity! THREE HOMES FOR THE PRICE OF ONE! 2 RENOVATED rental homes with the potential of a 3rd home. Unlock incredible potential with this rare multi-property opportunity in Auburndale, FL! Includes a total of THREE single-family homes (a 1BR/1BA - located in the front left of the lot, a 2BR/1BA - located in the front right of the lot, and 3 BR/1BA - located towards the rear of the lot). 2 out of 3 homes have been FULLY RENOVATED with NEW AC mini-splits, NEW ROOF, new vinyl siding, new septic tank, drain fields and tankless water heaters. The 3/1 property is leased for $1,250 month/month. The 1/1 property is vacant and available for lease $1,000/month as of October, 2025. The 2/1 property is vacant/needs TLC, and may be rebuilt with a "renovation" permit. Very generous sized lot with ample parking spaces for each house, plus possible storage available. Seller can provide financing up to 70% of the sale amount on this property. Should you desire MORE cash flow, the adjacent property is also available for sale. The parcel includes a commercial building with front business space and two 1 bedroom apartments in the rear, all recently renovated as well. Current rents/price = over 11% return! With far higher future potential! NO HOA! Potential to live in one, and rent the rest! With its prime location just minutes from downtown Auburndale, scenic lakes, restaurants, and shopping, this property offers endless possibilities for investors, developers, or visionaries looking to capitalize on the area’s growth. Live in one and rent the other two. Seller financing and private financing available. Don’t miss your chance, this one won’t last!

Amenities

Cooling:Central Air

Lighting

Other

Private Mailbox

Sidewalk

Storage

Built-in Features

Eating Space In Kitchen

High Ceilings

L Dining

Living Room/Dining Room Combo

Open Floorplan

Other

Primary Bedroom Main Floor

Solid Surface Counters

Solid Wood Cabinets

Split Bedroom

Stone Counters

Thermostat

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