$390,000
$565,000
31.0%For more information regarding the value of a property, please contact us for a free consultation.
1,961 SqFt
SOLD DATE : 09/29/2022
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,961 sqft
Price per Sqft $198
Subdivision Minneola Ridgecrest
MLS Listing ID G5054996
Sold Date 09/29/22
Construction Status Appraisal,Financing
HOA Y/N No
Originating Board Stellar MLS
Year Built 2002
Annual Tax Amount $2,817
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 79x139
Property Description
Build your investment portfolio as most high dollar items have been recently replaced.. BRAND NEW ROOF AS OF JANUARY 2022. New septic system as of October 2021. New front lawn sod and irrigation system as of April 2022. This worry-free investment is located in the rapidly growing highly sought after City of Minneola. Literally just a few minutes from the following: Shopping, Dining, Breweries, Schools, Banks, Splash Pad, Beach, Lake, Basketball Court, Playground, Walking Trail, Boat Ramp, and Waterfront Park which hosts a variety of events throughout the year. It's like having amenities of an expensive HOA, but without the fees. Additionally, with the newly built turnpike exit in Minneola, commuting won't be an issue! One unit is currently being leased until July 2022 and the other until September 2022. With the market value rents being $1,900-2,100 for each unit. This brings the potential total gross income to $3,800-4,200/month, or $45,600- 50,400/year. Whether your exit plan is to hold for a few years, then sell, or make this a long term investment. This income producing property in a PRIME location is sure to meet your investment needs. With very few income properties on the market, and very few properties available in the area, NOW is the time to jump on this opportunity and claim your piece of the pie! Call today to set up your private showing. Do not disturb tenants! Showings by Appointment ONLY!
Location
State FL
County Lake
Community Minneola Ridgecrest
Zoning RMF-1
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Other
Garage Spaces 2.0
Utilities Available Electricity Available, Public, Water Available
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Block
New Construction false
Construction Status Appraisal,Financing
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
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Bought with OPTIMA ONE REALTY, INC.
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