118 Lake Avenue Se, Largo, FL 33771

$399,000
5
BD
2
BA
1,718
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$399,000
Price Change
▼ $20,000 1790390254
MLS#
TB8499836
Type
Multifamily
Bedrooms
5
Bathrooms
2
Living Area
1,718
Lot Size
13,822
Subdivision
Lake Palms Sec 4
Year Built
1973

Property Description

Back on the market because financing fell through. Duplex in excellent condition. Tenants in #A have been there for approximately 10 years. Tenant in #B was there for 28 years and has just bought a house. That unit is the 3 bedroom 1 bath and is now vacant. Tenant in #A unit was on a yearly lease which was up in Oct. #A is now on a month to month lease. 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. 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. Pictures of #B were taken before the tenant moved out.

Additional Information

Community Features
Street Lights, No Deed Restriction
Style
Duplex
Interior
Eat-in Kitchen
Interior Features
Eat-in Kitchen
Appliances
Range, Range Hood, Refrigerator
Exterior Construction
Block
Exterior
Private Entrance, Private Mailbox
Roof
Shingle
Extra Rooms
Inside Utility
Utilities
Electricity Connected, Public, Sewer Connected, Water - Multiple Meters, Water Connected
Floor
Ceramic Tile, Laminate
Heating
Central, Electric
Cooling
Central Air
Pool Type
No Pool

Listing courtesy of CHARLES RUTENBERG REALTY INC.

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on