1515 6th St NW Winter Haven 1515 6th St NW 7 Unit Apartment Building $775,000 ($110,714/Unit) 9.28% Cap Rate Winter Haven, FL 33881

Investment Property Listing: Versatile Multi-Unit Lakeside Investment
This lakeside investment property features a diverse mix of units, making it an excellent opportunity for
generating rental income. Here's what the property includes:
Efficiency Units:
-4 Efficiency Units: Each efficiency unit offers a single room with a private bath equipped with a small kitchen
sink, refrigerator, and microwave.
-Lake Views: Two of these units provide beautiful lake views. These bathrooms, which are not remodeled,
feature a tub and shower combination with a linen closet. Each efficiency is approximately 275 square feet.
Studio Unit:
-Spacious Studio: The studio unit includes a combined living room and bedroom area, a bathroom with a
shower, and a dining kitchen combo with a large pantry area that houses the AC compressor. This unit offers
approximately 500 square feet of living space.
Downstairs Unit:
-Expansive Living Space: The downstairs unit spans approximately 1,500 square feet and includes two
bedrooms, one bathroom with a shower, and a kitchen outfitted with an electric stove and refrigerator.
Living & Entertainment: The large living room features built-in cabinets, and there is an additional game room
area that extends the living space.
-Private Outdoor Space: The unit is cooled by three window AC units and includes a private deck overlooking
the lake, providing a perfect spot to relax and enjoy the serene views.
This property's blend of efficiency units, a studio, and a spacious downstairs unit offers a variety of living
arrangements, catering to different tenant needs while maximizing rental potential. The lakeside setting adds
to the property's appeal, making it an attractive investment option.