118 Lake Avenue Se, Largo, FL 33771
- $419,000
- 5
- BD
- 2
- BA
- 1,718
- SqFt
- List Price
- $419,000
- Status
- PENDING
- Days on Market
- 79
- Price Change
- ▼ $16,000 1780512140
- MLS#
- TB8499836
- Subtype
- Residential Income
- Style
- One Story
- Year Built
- 1973
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 1,718
- Lot Size
- 13,822
- Acres
- 0.32
- Subdivision
- Lake Palms Sec 4
- MLS Area Major
- Largo
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.
Additional Information
- Interior Features
- Eat-in Kitchen
- Exterior Features
- Private Entrance, Private Mailbox
- Financing
- Cash, Conventional, FHA, VA Loan
- Community Features
- Street Lights, No Deed Restriction
- Property Description
- One Story
- Appliances
- Range, Range Hood, Refrigerator
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Private Entrance, Private Mailbox
- Levels
- One
- Roof
- Shingle
- Foundation
- Slab
Listing courtesy of CHARLES RUTENBERG REALTY INC. 866-580-6402
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