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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 P4922042
Sold Date 10/14/22
Bedrooms 2
Construction Status Financing,Inspections
HOA Fees $76/mo
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 1997
Annual Tax Amount $2,631
Lot Size 0.610 Acres
Acres 0.61
Lot Dimensions 100x135
Property Description
THIS DUPLEX IS A GREAT RENTAL PROPERTY! Situated on over a 1/2 acre on a prime corner lot 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 just replaced this year along with some other updating that was done not long ago. Both sides already have tenants in place that have been there for a while. In fact the one tenant has been there for 25 years, (since 1997)!!! Both tenants know that the seller is planning to raise the rent rent to $1,000./month when their leases renew in November, (unless someone buys it before then and chooses to do something different). 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. The tenants pay for the utilities and each side has their own electric and water meter, (property has a septic tank, so there is no sewer bill). The shed 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. All measurements and 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, Laminate, Vinyl
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Fence, Sliding Doors
Parking Features Driveway, Open
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Water Connected
Roof Type Shingle
Porch Rear Porch, Screened
Garage false
Private Pool No
Building
Lot Description Corner Lot, 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 Financing,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
Membership Fee Required Required
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with KELLER WILLIAMS CLASSIC
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