$277,000
$309,000
10.4%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,758 SqFt
SOLD DATE : 11/02/2023
Key Details
Sold Price $277,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,758 sqft
Price per Sqft $157
Subdivision Rainbow Lakes Estate
MLS Listing ID OM664948
Sold Date 11/02/23
Bedrooms 4
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1965
Annual Tax Amount $946
Lot Size 0.720 Acres
Acres 0.72
Lot Dimensions 70x150
Property Description
CALLING ALL INVESTOR THIS TURN KEY CASH COW INVESTMENT PROPERTY IS A PERFECT ADDITION FOR YOUR PORTFOLIO.. THIS AMAZING MONEY MAKING PROPERTY CONSIST OF 2 FULLY RENOVATED HOUSES ON A HUGE PRIVATE LOT... BOTH HOMES HAVE TONS OF RECENT UPGRADES AND WILL NOT DISAPPOINT. BOTH HOMES HAVE NEW ROOFS, NEW CENTRAL A/C IN ONE UNIT, NEW WINDOWS, NEW WATER HEATER'S, NEW TILE FLOORS, NEW KITCHEN CABINET'S, NEW BATHROOM VANITIES, TOTALLY REMODELED SHOWERS WITH NEW TILE AND FIXTURES, NEW FANS, NEW APPLIANCES, NEW 200 AMP ELECTRICAL SYSTEM, BOTH OF THE HOMES WERE EXTENSIVELY RE-WIRED, NEW PLUMBING PIPE AND SHUT OFF VALVES PLUS THE SEPTIC TANK WAS RECENTLY PUMPED AND INSPECTED. CURRENTLY ONE UNIT IS RENTED FOR $1550 THE OTHER WILL BE RENTED FOR $1650 FOR OCT 1, 2023 BOTH UNITS WILL HAVE NEW 12 MONTH LEASES READY FOR A NEW LANDLORD. LANDLORD PAYS FOR ELECTRICITY AND AVERAGES ABOUT $180 A MONTH THE PROPERTY HAS WELL WATER SO THERE IS NO WATER BILL. THIS PROPERTY HAS TONS OF POTENTIAL AND LOTS OF POSSIBILITIES AND WITH ALMOST 3/4 OF AN ACRES YOU HAVE PLENTY OF SPACE TO EXPAND, PARK YOUR TOYS AND YOUR RV.. CALL NOW DON'T LET THIS GOLDEN OPPORTUNITY PASS YOU BY..
Location
State FL
County Marion
Community Rainbow Lakes Estate
Zoning R1
Interior
Interior Features Other
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Other
Utilities Available Cable Connected, Electricity Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with GAILEY ENTERPRISES REAL ESTATE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "