For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,652 sqft
Price per Sqft $151
Subdivision Tropical Acres
MLS Listing ID U8161119
Sold Date 05/27/22
Construction Status Inspections
HOA Y/N No
Year Built 1981
Annual Tax Amount $1,102
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 84x100
Property Description
ATTENTION INVESTORS! Great cash flowing duplex for your portfolio. Very responsible tenants on long term leases. Getting $1000 per month on one side, $950 per month on other side. $23,400 annual revenue. Water AND electric on separate meters. Tenants pay ALL utilities, including trash. Great cap rate and still below market rents of $1050. Both units in very good condition. Structure is well built and in very good shape. Each unit is a 2 bed 1 bath, with a separate laundry room for washer/dryer. Large fenced back yard with fenced separation between units, durable wood look tile throughout both units, both roof and A/C units replaced in November 2015, 1 water heater new Nov. 2021. Near Lake Lena and Lake Ariana. Near public transportation, food and shopping. Turn key. 4 point inspection just completed and available. Please do NOT disturb tenants.
Location
State FL
County Polk
Community Tropical Acres
Rooms
Other Rooms Inside Utility
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Thermostat, Window Treatments
Heating Central
Cooling Central Air
Flooring Tile
Fireplace false
Appliance Dishwasher, Electric Water Heater, Range, Refrigerator
Laundry Inside, Laundry Room
Exterior
Exterior Feature Awning(s), Fence, Rain Gutters
Garage Driveway
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Porch Front Porch
Garage false
Private Pool No
Building
Lot Description Near Public Transit
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with RESORT SERVICES USA, INC.
GET MORE INFORMATION