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About This Home
This 5-bedroom, 0-bathroom multi-family at 118 LAKE AVENUE SE in Largo, FL is listed for $435,000 ($253 per sqft). Built in 1973, the home offers 1,718 sqft of living space on a 0.32 acres lot.
Duplex in excellent condition. Tenants have been there for over 10 years. Tenant in #B says she has been there 28 years. Tenants are on a yearly lease with an early termination clause that requires 30 days written notice and a $300 relocation payment, plus additional details.
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 - Tenants mow the lawn. 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.
Key Features
- Built in 1973
- 0.32 acre lot
Property Details
Monthly Cost Estimate
$2,326/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
118 LAKE AVENUE SE
Largo, FL 33771
LAKE PALMS SEC 4
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 0-bathroom multi-family at 118 LAKE AVENUE SE is listed at $435,000 ($253/sqft). The estimated monthly payment is $1,885 based on 20% down at 6.5% interest.
Key features include: Built in 1973, 0.32 acre lot. Interior Features: Eat-in Kitchen. Exterior Features: Private Entrance, Private Mailbox.
This property is listed by Renny Bryden and can be reached at 7274929502 or renny.bryden@verizon.net.
