345 Oak Ave Sebring, FL 33870

TWO HOMES IN ONE PROPERTY. $1,500 a month rental income. Continue renting out the home and apartment or live in the home and rent out the apartment out back. The back apartment would also make a great in-laws apartment. As a convenient bonus, these homes are a RARE property since they have two separate electric meters and water meters.
The main home is built in 1930 and recently had over $5,000 in electrical upgrades completed and termite fumigation on the home in 2019. This 2 bedrooms, 1.5 bath home features plenty of parking and a screened in porch with fresh paint. Inside the home you walk into the living room which is open to the dining room. The kitchen is behind the dining room and has a enclosed porch area that is used as a utility room and has a half bathroom. Down the hall from the living area you have access to the two bedrooms and the full bathroom. The full bathroom has that vintage mint tile from the 1950's that everyone vintage lover still loves today. One neat aspect of this home is that each room has multiple doors for entryway.
Behind the main home there is a fenced in backyard that it currently shares with a a concrete apartment (built 1995) that is 2 bedrooms/1 bathroom. The apartment has a screened in front porch that adds to the privacy of the living room and dining room. In addition to this is a detached garage that the owner currently uses for storage/work area. The back apartment and workshop have an alley in the back which makes for convenient and private access.

The tenants currently in place are on a month-to-month lease agreement and would be interested in staying. Current rent is $850 for the main house and $650 for the apartment. The current owner's insurance policy is $1396 annually. Please see MLS 275939