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Key Details
Sold Price $1,085,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,815 sqft
Price per Sqft $597
Subdivision Verdee Sub
MLS Listing ID L4911647
Sold Date 12/31/19
Construction Status Inspections
HOA Y/N No
Year Built 1980
Annual Tax Amount $1,202
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 72x100
Property Description
Tremendous Investment Opportunity. 8 duplexes/16 units fully occupied 2 bedroom/1 bath on each side. Currently rented for below market rent. Units are well maintained with an excellent rental history. Current rental income is $9925/month. Units could rent for $750 each($12000 month). City water/city sewer. Includes: 645 N Oak Ave, 665 N Oak Ave, 685 N Oak Ave, 705 N Oak Ave, 725 N Oak Ave, 745 N Oak Ave & 765 N Oak Ave.
Location
State FL
County Polk
Community Verdee Sub
Interior
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Other
Utilities Available Cable Available, Electricity Connected, Sewer Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with GENEROUS INVESTMENT PROPERTIES
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Milton Knight, CRS
Principal Real Estate Broker | License ID: 0663675
Principal Real Estate Broker License ID: 0663675