$420,000
$475,000
11.6%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
5 Baths
4,764 SqFt
SOLD DATE : 12/15/2023
Key Details
Sold Price $420,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,764 sqft
Price per Sqft $88
Subdivision Acreage & Unrec
MLS Listing ID L4939743
Sold Date 12/15/23
Bedrooms 10
HOA Y/N No
Originating Board Stellar MLS
Year Built 1979
Annual Tax Amount $3,613
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 58x238
Property Description
**Investor Alert, RARE GEM!** It's time to quit your day job! This cash cow is fully occupied, renovated, and turn-key ready! Generating an average gross turn-key income of $4,583 per month!!** That's an annual yield of 11.58%! This property has a 12-month LEASE in place with each tenant and has current property management in place. All YOU have to do is collect a check each month. All of the units have individual meter boxes and individual service panels already in place! Located right off popular Hwy 50, near lots of shopping, restaurants, and the CIVIC Center, AND only about 40 min away from Disney World and even closer to Clermont!
Move fast as this ideal investment property will not last long!
Location
State FL
County Lake
Community Acreage & Unrec
Interior
Interior Features Ceiling Fans(s)
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Lighting
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
Waterfront false
Roof Type Metal
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Others
Senior Community No
Ownership Sole Proprietor
Special Listing Condition None
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Bought with ALL COUNTY POLK PROPERTY MANAG
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