Fanning Sub Homes with One Story Property Description

Fanning Sub Homes with One Story Property Description

Welcome to Fanning Subdivision, a hidden gem nestled in the heart of Winter Haven, Florida. Known for its picturesque landscapes and friendly community, Fanning Sub offers a serene escape while still being conveniently located near the vibrant amenities of the city. Here, you’ll find a delightful blend of nature and modern living, making it an ideal place for families, retirees, and anyone seeking a tranquil lifestyle.

The homes in Fanning Subdivision are predominantly one-story properties, designed to provide both comfort and accessibility. These charming residences feature open floor plans that maximize space and natural light, creating an inviting atmosphere perfect for entertaining or relaxing after a long day. With well-maintained yards and mature trees lining the streets, the neighborhood exudes a warm, welcoming vibe that encourages friendly interactions among neighbors.

Living in Fanning Sub means you are just moments away from Winter Haven's best attractions. Enjoy the nearby lakes, parks, and recreational facilities, perfect for outdoor enthusiasts and families alike. The community is also conveniently located near shopping centers, dining options, and top-rated schools, ensuring that everything you need is within reach.

Whether you’re looking to downsize or purchase your first home, Fanning Subdivision’s one-story homes provide the ideal blend of comfort and convenience. Discover the charm of this beautiful community and make Fanning Sub your new home sweet home!

Newest Fanning Sub Homes with One Story Property Description

501 Avenue G Se, Winter Haven
$319,900
4 Beds ⋅ 2 Baths ⋅ Fanning Sub SubDv. ⋅ 33880 Zip Code
FULLY RENTED INVESTMENT PROPERTY + $2,845 MONTHLY RENTAL INCOME + NO HOA! Welcome to 501 Avenue G SE, Winter Haven, FL 33880, an INCOME-PRODUCING MULTI-FAMILY INVESTMENT OPPORTUNITY offering immediate cash flow for investors looking to expand their rental portfolio! This unique single-family property, GRANDFATHERED FOR MULTI-FAMILY USE, features TWO SEPARATE, FULLY OCCUPIED RENTAL UNITS generating a combined $2,845 PER MONTH OR $34,140 IN ANNUAL GROSS RENTAL INCOME! Situated on a LARGE LOT, both residences feature PRIVATE ENTRANCES AND SEPARATE YARD AREAS, providing privacy and convenience for tenants. The front residence offers 3 BEDROOMS, 1 BATHROOM, laminate flooring, and a dedicated laundry room, currently rented for $1,625 PER MONTH. The rear residence features 1 BEDROOM, 1 BATHROOM, currently rented for $1,220 PER MONTH. With 100% OCCUPANCY AND EXISTING RENTAL INCOME, this property provides an opportunity to acquire an established rental asset without the immediate need to secure tenants. Investors seeking ADDITIONAL VALUE-ADD POTENTIAL may explore reconfiguring the existing layout to create a middle studio-style living space while converting the front residence into a 2-bedroom, 1-bathroom unit, subject to applicable approvals and permitting. With NO HOA, TWO EXISTING INCOME-PRODUCING UNITS, A LARGE LOT, AND POTENTIAL FOR FUTURE RENTAL GROWTH, this property offers an attractive opportunity for both seasoned investors and those building their real estate portfolios. PROPERTY IS BEING SOLD AS-IS WITH EXISTING TENANTS IN PLACE. Whether you're seeking PASSIVE RENTAL INCOME, LONG-TERM CASH FLOW, PORTFOLIO EXPANSION, OR A VALUE-ADD INVESTMENT, this fully occupied property is ready to become your next income-producing asset!

501 Avenue G Se, Winter Haven
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