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Key Details
Sold Price $285,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,062 sqft
Price per Sqft $138
Subdivision Masterpiece Park Estates
MLS Listing ID P4922046
Sold Date 08/22/22
Bedrooms 2
Construction Status Inspections
HOA Fees $76/mo
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 1997
Annual Tax Amount $2,675
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 82x135
Property Description
THIS DUPLEX IS A GREAT RENTAL PROPERTY! Situated on over 1/2 acre in a fabulous rental area, this well maintained duplex will be the perfect rental property for you! Each side is 2BR/2BA unit that is the mirror image of the other one & each have their own screened patio and fenced yard area. You'll love the floor plan of these units with a spacious great room with cathedral ceiling and open to casual dining area & kitchen. They have a split BR plan and both bedrooms in each unit have nice size walk-in closets. Each unit has an inside laundry closet as well as a walk-in storage closet off the screened patios. The roof was replaced just a few years ago, (12/2019). Both sides have great rental history with long term tenants, although the one side will soon have a new tenant. Both sides will be renting for $1,000/mo starting in September unless someone buys it and chooses to do something different before then. There is a potential for even higher rent. Lawn mowing is included in the $76.80 per month HOA fee and that is one fee but covers yards for both sides. Tenant pays utilities and each unit is individually metered for electric & water, (property has a septic tank so there is no sewer bill). The swing set belongs to the tenant. This awesome income property is located in a nice area in the northern part of Lake Wales with no through traffic and all of the properties have nice large lots. The owner is also selling another duplex beside this one if someone is interested in having 2 duplexes, (MLS# of that one is P4922042). All measurements and all other info should be confirmed by buyer.
Location
State FL
County Polk
Community Masterpiece Park Estates
Rooms
Other Rooms Great Room
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Carpet, Vinyl
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Fence, Sliding Doors
Garage Driveway, Open
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Phone Available, Public, Water Connected
Amenities Available Maintenance, Other
Roof Type Shingle
Porch Rear Porch, Screened
Garage false
Private Pool No
Building
Lot Description Oversized Lot, Paved
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Public
Structure Type Block, Concrete, Stucco
New Construction false
Construction Status Inspections
Schools
Elementary Schools Spook Hill Elem
Middle Schools Mclaughlin Middle
High Schools Winter Haven Senior
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Monthly Total Fees $76
Acceptable Financing Cash, Conventional, FHA, VA Loan
Membership Fee Required Required
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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