Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

520 S Broadway Ave, Bartow, FL, 33830

5beds
5baths
3,767sqft
$599,000
$159price/sqft
$4,305/moest. monthly cost
$172,200/yrincome needed

About This Home

Renovated 5-Unit Multifamily | Value-Add Expansion | Price Increasing Rare opportunity to acquire a fully renovated, income-producing 5-unit asset in the core of Bartow with immediate cash flow and built-in upside. Originally built in 1910 and completely overhauled (2022–2024) with permits, this property is now in the final phase of cosmetic upgrades and exterior enhancements for curb appeal. As improvements are completed, pricing will continue to increase. Current Configuration • (3) 2BR / 1BA units • (2) 1BR / 1BA units Value-Add Upside • Potential to add (2) additional studio units • Lease-up + rent optimization in a strong workforce market • Stabilization play with expansion angle Capital Improvements (Turnkey Systems) • New Roof (2022) • New Electrical (Permitted – 2022) • New HVAC (2022) • New Vinyl Siding (2022) • Full Interior Renovation – All 5 Units (2023) • Floors, walls, ceilings, fixtures (complete rebuild) • Rear Steps + Balcony Rebuilt • (4) New Water Heaters + (1) Tankless (Studio) • WiFi-Enabled Thermostats Location Positioned just off Main Street in downtown Bartow, within close proximity to: • Government & municipal offices • Retail, dining, and services • Major Polk County commuter corridors This is a known, stable rental pocket with consistent demand. Investment Angle • Immediate income + upside • Expansion potential = forced appreciation • Fully updated systems = reduced CapEx exposure • Ideal for investor seeking yield + growth Important • Property is being actively improved • Pricing will adjust upward as work is completed • Showings by appointment only • Proof of funds or pre-approval required This is not a distressed sale—this is a controlled value-add opportunity being improved in real time. Buy now at today’s basis or pay more once stabilized.

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

5/10
2/10
Bartow Middle SchoolGrades 6-80.9 mi
3/10
Bartow Senior High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1910

Materials

  • Roof: Composition

Type & Style

  • Home type: MultiFamily

Interior

Appliances

  • Appliances included: Range / Oven,Refrigerator

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Flooring: Tile,Carpet,Laminate
  • Fireplace: Yes

Interior Area

  • Total interior livable area: 3,767 sqft

Property

Details

  • Parcel number: 253008000000033170

Features

  • Exterior features: Vinyl,Wood
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 7,623 sqft

Parking

  • Total spaces: 5
  • Parking features: Off-street