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Key Details
Sold Price $232,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,792 sqft
Price per Sqft $129
Subdivision Rubylee
MLS Listing ID A4503024
Sold Date 07/20/21
Construction Status Inspections
HOA Y/N No
Year Built 1987
Annual Tax Amount $3,288
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 53x135
Property Description
Perhaps the most straightforward investment. According to the owner, both units have been occupied continuously occupied for the last 10 years and have rarely been vacant for longer than a week. Both units have separate water and electric meters. Currently, the owner is paying for water. This can be easily changed. Both tenants are on month to month agreements and rent can be adjusted to current market value. According to a permit search, a roof was installed in 2012. The AC units also appear to have been upgraded at some point. It is recommended that potential buyers complete their own inspections. Both units are tiled throughout and are clean. This Duplex has 2 Bedrooms and 1 Bath on each side, Shared Laundry and Large Locked Storage Room for owners or tenant belongings. Short walk to end of street to access Oyster Creek Park walking trails. Owner is paying $1302 for basic insurance and their policy is available upon request.
Tenants are currently paying $950 for each side. Owner is retiring and that is their reason for selling. This is a cash cow and is ready for the next owner.
Location
State FL
County Charlotte
Community Rubylee
Zoning RMF15
Interior
Interior Features Eat-in Kitchen
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Appliance Range, Refrigerator, Washer
Exterior
Exterior Feature Storage
Parking Features Boat, None, Open
Community Features None
Utilities Available Cable Available, Electricity Connected
Roof Type Shingle
Porch Deck, Patio, Porch, Screened
Garage false
Private Pool No
Building
Lot Description Paved
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Inspections
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with MVP REALTY ASSOCIATES, LLC