$375,000
$399,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
2,126 SqFt
SOLD DATE : 04/27/2020
Key Details
Sold Price $375,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,126 sqft
Price per Sqft $176
Subdivision Acreage & Unrec
MLS Listing ID G5025713
Sold Date 04/27/20
Construction Status No Contingency
HOA Y/N No
Year Built 1957
Annual Tax Amount $3,645
Lot Size 0.790 Acres
Acres 0.79
Property Description
INVESTORS! Outstanding opportunity to purchase almost an acre of chain of lakes paradise. 138 feet of direct lake frontage offering BREATHTAKING sunrise views of Treasure Island and beautiful LAKE GRIFFIN. Featuring three 1 bedroom and one 2 bedroom units with a gross cap rate of over 9%.
The possibilities are endless with this prime investment property; live in one unit and collect income from the other three so you too can enjoy this great location for yourself.
Considering that the land value alone is worth more than half of the list price - this opportunity will not last long.
Location
State FL
County Lake
Community Acreage & Unrec
Zoning RP
Interior
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Storage
Garage Circular Driveway
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected
Waterfront true
Waterfront Description Lake
View Y/N 1
Water Access 1
Water Access Desc Lake - Chain of Lakes
Roof Type Other,Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/2 Acre to 1 Acre
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Construction Status No Contingency
Schools
Elementary Schools Beverly Shores Elem
Middle Schools Carver Middle
High Schools Leesburg High
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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