Fanning Sub Homes with 1 Car Carport Garage Description

Fanning Sub Homes with 1 Car Carport Garage Description

Welcome to Fanning Subdivision, a hidden gem nestled in the heart of Winter Haven, Florida. This charming community is perfect for those seeking a blend of suburban tranquility and vibrant city life. Known for its friendly atmosphere and picturesque surroundings, Fanning Sub offers residents a unique opportunity to enjoy the best of both worlds.

The homes in Fanning Sub are designed with comfort and convenience in mind, featuring delightful one-car carport garages that provide easy access and protection for your vehicle. These thoughtfully designed residences boast spacious layouts that cater to various lifestyles, making them ideal for families, professionals, or retirees. The carport not only offers shelter from the Florida sun but also serves as an additional outdoor space for hobbies or gatherings.

Living in Fanning Sub means you’re just a stone's throw away from Winter Haven's many attractions. Enjoy the serene beauty of nearby lakes, indulge in shopping at local boutiques, or savor delicious meals at a variety of restaurants. The community is also conveniently located near major highways, making commutes to neighboring cities a breeze.

As you explore Fanning Subdivision, you’ll find that it’s more than just a place to live; it’s a community where neighbors become friends and memories are made. With its charming homes, welcoming atmosphere, and prime location, Fanning Sub is an ideal choice for anyone looking to embrace the warmth of Florida living. Come discover your new home in Fanning Subdivision today!

Newest Fanning Sub Homes with 1 Car Carport Garage 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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