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    Address Not Available By Request

    Lake Placid, FL 33852
    • $1,525,000
    • STATUS: Active
    • ON SITE: 18 days
    • MLS #: 273638
    UPDATED: 8 min ago
    $1,525,000
    • 35
      BEDS
    • 0.17
      ACRES
    • 26
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1910
    County:
    Area:

    School Ratings & Info

    Description

    Unique opportunity to purchase a well established rental package and collect rent from day 1. This offering consists of a mixture of multi-family dwellings and a total of 25 units. There are 4 duplexes, 2/1s each renting for an average of $700 per side per month. These buildings are on the same street side by side. All 8 units are currently rented. 2 buildings have metal roofs and most units have recently had high end remodels with all tile, stainless appliances, etc. Just about 3 miles away there is a quad-plex that is fully rented and a property with 3 rental units, also fully rented. The final property is on the North end of Lake Placid. This is a building which consists of 10 efficiency units which rent for $550 per month. At this time 5 units are rented as the owner has been doing some renovations. Current owner screens tenants thoroughly and many are long term. Properties well maintained with no deferred maintenance.

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    © 2020 Heartland Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compton Realty. Data last updated: 2020-08-04T07:42:32.39.
    www.comptonrealty.com/homes/107923981
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    Address Not Available By Request Lake Placid, FL 33852

    • Price: $1,525,000
    • Status: Active
    • Updated: 8 min ago
    • MLS #: 273638
    35
    Beds
    26
    Baths
    0
    ½ Baths
    0.17
    Acres
    1910
    Built
    County:
    Highlands
    Area:
    Highlands
    Property Description
    Unique opportunity to purchase a well established rental package and collect rent from day 1. This offering consists of a mixture of multi-family dwellings and a total of 25 units. There are 4 duplexes, 2/1s each renting for an average of $700 per side per month. These buildings are on the same street side by side. All 8 units are currently rented. 2 buildings have metal roofs and most units have recently had high end remodels with all tile, stainless appliances, etc. Just about 3 miles away there is a quad-plex that is fully rented and a property with 3 rental units, also fully rented. The final property is on the North end of Lake Placid. This is a building which consists of 10 efficiency units which rent for $550 per month. At this time 5 units are rented as the owner has been doing some renovations. Current owner screens tenants thoroughly and many are long term. Properties well maintained with no deferred maintenance.
    Exterior Features

    Architectural Style One Story Construction Materials See Remarks Levels One Road Surface Type Paved Roof MetalOtherShingle

    Interior Features

    Cooling Central Air Cooling YN Yes Flooring LaminateTile Heating CentralElectric Heating YN Yes

    Property Features

    Association YN No Frontage Length 50 Listing Terms CashConventional Number Of Units In Community 25 Pool Features None Pool Private YN No Property Condition Good ConditionResale Property Sub Type Other Sewer Public SewerSee RemarksOther Special Listing Conditions None Tax Annual Amount 2090 Tax Year 2019 Utilities Sewer Available Water Source OtherSee Remarks

    © 2020 Heartland Association of Realtors


    © 2020 Heartland Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compton Realty. Data last updated: 2020-08-04T07:42:32.39.
     
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    Compton Realty
    518 US 27 South
    Lake Placid FL, 33852