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835 S CHAR MIL AVE Lake Alfred, FL 33850
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Key Details
Sold Price $365,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $182
Subdivision Char-Mil Sub
MLS Listing ID P4925038
Sold Date 06/05/23
HOA Y/N No
Originating Board Stellar MLS
Year Built 1983
Annual Tax Amount $2,169
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 83x125
Property Description
ATTENTION INVESTORS : LETS TURN SOME CASH INTO CASH FLOW !!!! Block Duplex (2 apartments) 100% occupied!! (Both apartments are 2/1). 1031 TAX EXCHANGE friendly seller!!! Please bring all offers, seller likes to negotiate! Both apartments have separate electric meters and separate water meters (tenants pay all utilities including electric, water, trash and sewer). Unit A rented for $750.00 & Unit B rented for $750.00 that's a total of $1500.00 per month X 12 months generates a Gross yearly income of $18,000. Located in the Charming heart of Lake Alfred near everything. . Close to Home Depot, Lowe's , Walmart , Publix , Doctor Offices , Theme Parks ,and other major stores. Call or text to schedule a showing today. Don’t forget to ask about the month to month agreement for existing tenants . This property has room for HIGHER return rates this rent was established and has not increased to average rate of rentals in years. Room to improve for investors should they desire to increase the rates. Want to own a VRBO ? a income property look no further
Buyers must verify all info
Location
State FL
County Polk
Community Char-Mil Sub
Zoning R-2
Interior
Interior Features Living Room/Dining Room Combo, Split Bedroom
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Linoleum, Other
Furnishings Unfurnished
Fireplace false
Appliance Range, Refrigerator
Laundry Inside
Exterior
Exterior Feature Other
Garage Driveway, On Street
Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Water - Multiple Meters, Water Connected
Waterfront false
Roof Type Shingle
Porch Covered
Garage false
Private Pool No
Building
Lot Description City Limits, Paved
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block, Other
New Construction false
Schools
Elementary Schools Lake Alfred Elem
Middle Schools Stambaugh Middle
High Schools Auburndale High School
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
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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