$117,000
$123,900
5.6%For more information regarding the value of a property, please contact us for a free consultation.
1,484 SqFt
SOLD DATE : 07/01/2019
Key Details
Sold Price $117,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,484 sqft
Price per Sqft $78
Subdivision Magnolia Trails
MLS Listing ID P4905301
Sold Date 07/01/19
Construction Status Appraisal,Inspections
HOA Y/N No
Year Built 1983
Annual Tax Amount $1,591
Lot Size 0.530 Acres
Acres 0.53
Lot Dimensions 70x358
Property Description
Rental Income! Calling Investors looking for immediate cash flow. This property is currently occupied with Long term tenants paying $525/ mo which equates to Annual Gross Income of $12,600 with estimated expected expenses of $3500 providing the investor a estimated Net Income of $9,100 at current rent rates. Rent Rates are under current market rent rates. Each unit is 2 beds/ 1 bath. All information provided herein is intended to be accurate, however all buyer(s) are required to verify all information and measurements contained herein.
Location
State FL
County Polk
Community Magnolia Trails
Zoning DUPLEX
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Other
Furnishings Unfurnished
Fireplace false
Appliance Cooktop, Other, Refrigerator
Laundry In Kitchen
Exterior
Exterior Feature Other
Parking Features Driveway
Utilities Available Other
Roof Type Shingle
Porch None
Garage false
Private Pool No
Building
Lot Description City Limits, In County
Entry Level One
Foundation Slab
Lot Size Range 1/2 Acre to 1 Acre
Sewer Septic Tank
Water Public
Structure Type Concrete,Other
New Construction false
Construction Status Appraisal,Inspections
Others
Senior Community No
Ownership Fee Simple
Membership Fee Required None
Special Listing Condition None
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Bought with BOSUN PROPERTIES & SALES LLC