$370,000
$379,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
4,032 SqFt
SOLD DATE : 09/21/2020
Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,032 sqft
Price per Sqft $91
Subdivision Lakeside Hill
MLS Listing ID T3256168
Sold Date 09/21/20
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 1982
Annual Tax Amount $1,861
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions 120x140
Property Description
Huge potential for increasing rents. Three tenants are month to month. Current market rental rates for 3bed/2ba in the area are $950-$1050. Section 8 is an option for $1200/mo. This Quadruplex is 100% occupied with long term multi-year tenants who's rents have never been increased.. There are 4 Units total and each has 3 bedrooms and 2 bathrooms and washer/dryer connections inside unit. Roof and AC systems were replaced in 2014. All units have tile floors throughout and sliding glass door to fenced in rear patio. Always a huge rental demand for 3 bedroom 2 bath units in this area!
Location
State FL
County Polk
Community Lakeside Hill
Interior
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Sliding Doors
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Underground Utilities, Water - Multiple Meters
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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