$150,000
$149,900
0.1%For more information regarding the value of a property, please contact us for a free consultation.
2,256 SqFt
SOLD DATE : 11/18/2019
Key Details
Sold Price $150,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,256 sqft
Price per Sqft $66
Subdivision Willow Oak
MLS Listing ID T3203260
Sold Date 11/18/19
Construction Status No Contingency
HOA Y/N No
Year Built 1990
Annual Tax Amount $1,941
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 50x50
Property Description
Investment Duplex Opportunity with 2 units - 2 bedroom/1 bath units on 1/4 acre lot + Sister Duplex available on adjacent 1/4 acre lot for a total of 4 rented units. Turn key rentals with long term tenants at $700/m each with potential to increase. Roof replaced last year. Septic has been serviced and new drain field installed in 2019. Water is on well for no water bill for tenants. Owner also owns vacant 1/2 acre adjacent lot for potential of additional units - currently zoned for 1 unit residential build option - could apply for change in zoning with several duplexes in the area mixed with single family homes. No HOA, no deed restrictions, easy to maintain and well maintained for last 4 years. Owner has other investments out of state to focus on and needs to sell these. Good condition - no issues with timely rent from current tenants & all tenants plan to stay. Taxes also low in comparison to other properties and lower in Polk County when compared to Hillsborough County.
Location
State FL
County Polk
Community Willow Oak
Zoning R-3
Interior
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Storage
Utilities Available Cable Available
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Septic Tank
Water Private, Well
Structure Type Block
New Construction false
Construction Status No Contingency
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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