$345,000
$360,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,440 SqFt
SOLD DATE : 10/11/2023
Key Details
Sold Price $345,000
Property Type Single Family Home
Sub Type Half Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $239
Subdivision Lake Palms Sec 4
MLS Listing ID U8213392
Sold Date 10/11/23
Bedrooms 4
Full Baths 2
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1973
Annual Tax Amount $3,271
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 64x100
Property Description
Calling all CASH buyers for this handyman special! This duplex offers immediate built-in equity and has opportunity galore. Each unit consists of 2 Bedrooms & 1 Bathroom with its own utility closet with Washer & Dryer hookups, and each unit has its own electrical meter. The roof was replaced in 2015, the windows have been updated, the HVAC dates are July 2022 and November 2014 and the water heater dates are May 2017 and January 2011.
One side is currently rented at a significantly below-market rent and the other side was just vacated by a Section 8 tenant that was generating about $1,500/mo. With a little TLC, each unit can easily rent for up to $2,000/mo OR offer incredible cash flow potential as a Short Term Rental through AirBnB. There was a pre-listing inspection done to both sides which is being provided by the seller. Property is sold AS IS.
Location
State FL
County Pinellas
Community Lake Palms Sec 4
Direction SE
Rooms
Other Rooms Storage Rooms
Interior
Interior Features Living Room/Dining Room Combo
Heating Electric
Cooling Central Air
Flooring Laminate
Fireplace false
Appliance Range, Refrigerator
Laundry Laundry Room
Exterior
Exterior Feature Storage
Garage Driveway
Utilities Available Public
Waterfront false
Roof Type Shingle
Parking Type Driveway
Attached Garage false
Garage false
Private Pool No
Building
Lot Description City Limits, Near Public Transit, Paved
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block, Concrete
New Construction false
Construction Status No Contingency
Schools
Elementary Schools Southern Oak Elementary-Pn
Middle Schools Largo Middle-Pn
High Schools Largo High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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