118 LAKE AVENUE, Largo, Florida, United States, 33771

399,000
for Sale
5
2
13,822

About the property:

Back on the market because financing fell through. Duplex in excellent condition. Tenants in #A have been there for approximately 10 years. Tenant in #B was there for 28 years and has just bought a house. That unit is the 3 bedroom 1 bath and is now vacant. Tenant in #A unit was on a yearly lease which was up in Oct. #A is now on a month to month lease. Terrific tenants who would like to stay. Separate water meters, separate electric meters, separate water heaters, separate HVAC, separate washer & dryer hookups. Huge Lot approximately 70X203. Plenty of parking. Freshly painted one story block building with tile floors. 4 Point inspections were done April 24/2024 and are attached in the MLS. Please keep in mind that these are long term tenants and are on discounted rents The rents could easily be raised by $200/Month per unit to market rates or $400 total, for an additional $4800 per year. Pictures of #B were taken before the tenant moved out.
Property Type:
Duplex
Status:
for Sale
House Style:
Other
Bedrooms:
5
Bathrooms:
2
Acres:
0.32
Square Feet:
1718
Area:
33771 - Largo
Central A/C:
Yes
Central A C Details:
Central Air
Water:
Public
Heating:
Central, Electric
Exterior:
Private Entrance, Private Mailbox
Interior Features:
Eat-in Kitchen
Appliances:
Range, Range Hood, Refrigerator
Sewer:
Public Sewer
Directions:
Belcher Rd/ West on East Bay Dr/ Left on Fulton/ Right on Lake Ave SE/ House on the right.
Association Fee:
0
Is Washer:
Yes
Annual Property Taxes:
5,696.16
Listing ID:
TB8499836

Rooms

Dimensions

Brokered by:
Charles Rutenberg Realty Inc
Presented By: