118 Lake Avenue Se, Largo, FL 33771

$399,000
5
BD
2
BA
1,718
SqFt
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List Price
$399,000
MLS#
TB8499836
Status
ACTIVE
Price Change
▼ $20,000 1790390254
Days on Market
191
Year built
1973
Bedrooms
5
Bathrooms
2
Living area
1,718
Area
1718
Region
Largo
Subdivision
Lake Palms Sec 4
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(386) 446-0017

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.

(386) 446-0017
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Additional Information

Acres
0.32
Floors
Ceramic Tile, Laminate
Interior Features
Eat-in Kitchen
Cooling
Central Air
Heating
Central, Electric
Exterior Features
Private Entrance, Private Mailbox
Construction
Block
Roof
Shingle
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Listing courtesy of CHARLES RUTENBERG REALTY INC.

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