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:
Presented By: