$358,000
$399,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
0.34 Acres Lot
SOLD DATE : 12/18/2024
Key Details
Sold Price $358,000
Property Type Single Family Home
Sub Type Ranch,Duplex,Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Harlem Heights
MLS Listing ID 224046802
Sold Date 12/18/24
Bedrooms 8
Full Baths 4
HOA Y/N Yes
Originating Board Florida Gulf Coast
Year Built 1983
Annual Tax Amount $5,263
Tax Year 2023
Lot Size 0.340 Acres
Acres 0.34
Property Description
PRICE REDUCED! LOWEST PRICED QUADRAPLEX IN OUR 5 COUNTY AREA! 2 CONCRETE BLOCK SIDE-BY-SIDE DUPLEXES ON 1 LOT! 4 UNITS TOTAL! FULLY RENTED WITH EXCELLENT RENTAL HISTORY! Built in 1983 & 1988, 1,736 sf & 1,778 sf. All 4 units are 2 bedrooms 1 bathrooms. Units are fully occupied M2M at $700 each for 3 and the 4th one was just re-rented for $950/month so there is a ton of room to do a rent increase!! Both buildings have metal roofs that are in perfect condition. 1 building has a single septic the other has 2 septics. 1 well pump services all four units. Insides of each unit are in decent condition and could use some cosmetic updating but not anything major to retain tenants. Fantastic opportunity! Current rents are month-to-month and are very low for this area. Local rental index shows these units should rent for $1,150-1,200 per side. This is an amazing opportunity to own duplexes at only $210K per building!
Location
State FL
County Desoto
Area Harlem Heights
Zoning RMF-M
Interior
Heating Central Electric
Flooring Tile
Fireplace No
Heat Source Central Electric
Exterior
Amenities Available None
Waterfront Description None
Roof Type Shingle
Street Surface Paved
Garage No
Private Pool No
Building
Lot Description Oversize
Sewer Septic Tank
Water Well
Architectural Style Ranch, Duplex, Quadraplex
Structure Type Concrete Block,Brick,Stucco
New Construction No
Others
Pets Allowed Yes
Senior Community No
Tax ID 01-38-24-0186-0000-0620
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Bought with FGC Non-MLS Office