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Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,764 sqft
Price per Sqft $89
Subdivision Acreage & Unrec
MLS Listing ID L4917415
Sold Date 07/07/21
Construction Status Inspections
HOA Y/N No
Year Built 1979
Annual Tax Amount $3,403
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 162x275
Property Description
***INVESTOR ALERT, RARE GEM ALERT***It's time to quit your day job! This Cash Cow is fully occupied, renovated, and is turn-key ready. Generating a gross monthly income of $4415 per month. That's a gross annual yield of 12.5% per year. This property has a 12 MONTH LEASE in place with each tenant, and has property management as well. So all you have to do is collect a check every month. All of the units were recently re-wired with 5 brand-new meter cans, and their own indivdual service panels, wow! Located right off of popular Hwy 50, near lot's of shopping, restaurants and entertainment, such as the Civic Center. And It's only around 40 min away from Disney World and even closer to Clermont! Come and see this one asap, as I know this will not last long in todays market!
Location
State FL
County Lake
Community Acreage & Unrec
Interior
Interior Features Ceiling Fans(s), Skylight(s)
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Tile, Vinyl
Fireplace false
Appliance Range, Refrigerator
Exterior
Exterior Feature Fence, Lighting
Utilities Available Electricity Available
Waterfront false
Roof Type Metal
Garage false
Private Pool No
Building
Entry Level Two
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 Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other, Special Funding
Listing Terms Cash, Conventional, Other, Special Funding
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with ROBERT SLACK LLC
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