$435,000 ($253.20 per sqft)

Est. Mortgage $2,114/mo *

Quick Pre-Approval

118 LAKE AVENUE SE, Largo, FL, 33771

118 LAKE AVENUE SE, Largo, FL, 33771

5 beds

1973

1,718 sqft

Duplex in excellent condition. Tenants have been there for over 10 years. Tenant in #B says she has been there 28 years. Tenants are on a yearly lease with an early termination clause that requires 30 days written notice and a $300 relocation payment, plus additional details. 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 - Tenants mow the lawn. 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.


Status:

Active

Type:

Multi-family

Laundry Remarks:

Electric Dryer Hookup, Laundry Room, Washer Hookup

Subdivision:

LAKE PALMS SEC 4

Heating:

Central, Electric

Cooling:

Central Air

Lot Size:

70 x 160

Acreage:

0.32

Est. Taxes:

$5,696

Construction

Block

Utilities

Electricity Connected, Public, Sewer Connected, Street Lights, Water - Multiple Meters, Water Connected

Days on Market:

3

Pet Policy:

Cats OK, Dogs OK

Appliances:

Range, Range Hood, Refrigerator

MLS #:

TB8499836


Community Info

School Info

Walk Score

Yelp


Listing courtesy of CHARLES RUTENBERG REALTY INC 727-538-9200