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161 Brooks Rd Frostproof, Florida 33843 MLS# MFRS5110363
CASH FLOWING SINGLE FAMILY RENTAL PROPERTY. Investment Highlights: Turn-key investment, Immediate income generation with a lease in place until March 31st, 2025. Fully renovated in 2020, Includes a new kitchen, water heater, ceiling fans, interior and exterior paint. A new roof was installed in 2022, with a 30-year lifespan. Modern appliances, new refrigerator added in 2023, with other appliances being new or newer. Property Features: an open concept kitchen-living room with 3 bedrooms, and 1 bathroom; Durable 1960s masonry block home with sturdy interior walls; No HOA - Reducing monthly expenses for the investor; Relatively Low property taxes - Enhances net income; situated in desirable Polk County. Property also features over a quarter-acre corner lot with large front and back yards, covered carport and an interior laundry room, private well with a water softener and septic system. Investment Potential: increased rent in the future; proven track record of rental income; steadily growing renters market. This property is a strong candidate for investors looking for a hassle-free investment with a good return potential.
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