$250,000
$260,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,010 SqFt
SOLD DATE : 02/23/2023
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,010 sqft
Price per Sqft $247
Subdivision St Cloud
MLS Listing ID O6086340
Sold Date 02/23/23
Bedrooms 3
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1912
Annual Tax Amount $2,429
Lot Size 10,018 Sqft
Acres 0.23
Property Description
Investor Alert! Cash flow + value add! 8%+ net cap rate duplex PLUS the potential for a lot split! Located just blocks from Saint Cloud shops, restaurants, and retail centers, this cash-flowing duplex is loaded with opportunity. The property features a metal roof, vinyl flooring throughout, mini split in the 2/1 unit, and an oversized lot that can likely be split to create two separate parcels. Currently cash flowing at $1200/month for the 2/1 unit and $950/month for the 1/1 unit. Each unit is separately metered for electrical and water. If you've been looking for a cash-flowing duplex with heightened potential, this is the one for you!
Location
State FL
County Osceola
Community St Cloud
Zoning SR3
Interior
Interior Features Ceiling Fans(s)
Heating Wall Units / Window Unit
Cooling Mini-Split Unit(s), Wall/Window Unit(s)
Flooring Vinyl
Fireplace false
Exterior
Exterior Feature Sidewalk
Utilities Available Cable Connected, Electricity Connected, Sewer Connected
Roof Type Metal
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding, Wood Frame
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
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Bought with DGL REALTY, LLC
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