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Key Details
Sold Price $425,000
Property Type Residential Income
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,764 sqft
Price per Sqft $89
Subdivision Acreage & Unrec
MLS Listing ID L4917415
Year Built 1979
Annual Tax Amount $3,403
Lot Size 0.400 Acres
Property Description
***INVESTOR ALERT, RARE GEM ALERT***It's time to quit your day job! This Cash Cow is fully occupied, renovated, and is turn-key ready. Generating a gross monthly income of $4415 per month. That's a gross annual yield of 12.5% per year. This property has a 12 MONTH LEASE in place with each tenant, and has property management as well. So all you have to do is collect a check every month. All of the units were recently re-wired with 5 brand-new meter cans, and their own indivdual service panels, wow! Located right off of popular Hwy 50, near lot's of shopping, restaurants and entertainment, such as the Civic Center. And It's only around 40 min away from Disney World and even closer to Clermont! Come and see this one asap, as I know this will not last long in todays market!
Location
State FL
County Lake
Community Acreage & Unrec
Interior
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Tile, Vinyl
Exterior
Exterior Feature Fence, Lighting
Utilities Available Electricity Available
Roof Type Metal
Building
Foundation Slab
Sewer Septic Tank
Water Public
Structure Type Block
New Construction false
Others
Acceptable Financing Cash, Conventional, Other, Special Funding
Listing Terms Cash, Conventional, Other, Special Funding
Special Listing Condition None
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Bought with ROBERT SLACK LLC