118 LAKE AVENUE SE at

118 LAKE AVENUE SE

For sale Days on market 89

$419,000

$244/sq ft

$16,000
Price Decreased

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Overview

Bedroom

Year Built

1973

Sqft

1718

Property Type

Duplex

Property Description

Under contract-accepting backup offers. 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.

Property Details

MLS#

TB8499836

Address

118 LAKE

City

Largo

State/county

Zip/Postal Code

33771

Area

Lake Palms Sec 4

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$5,696

Maint Fee

$--

Tax Year

2025

Range

Range Hood

Refrigerator

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