118 Lake Avenue Se, Largo, FL 33771

$419,000
5
BD
2
BA
1,718
SqFt

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List Price
$419,000
Status
Pending
Days on Market
79
Price Change
▼ $16,000 1780512140
MLS#
TB8499836
Property Style
Duplex
Year Built
1973
Bedrooms
5
Bathrooms
2
Living Area
1,718
Lot Size
13,822
Acres
0.32
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Lake Palms Sec 4
MLS Area Major
Largo

Property Description

Under contract-accepting backup offers. 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.

Additional Information

Taxes
$5696
Community Features
Street Lights, No Deed Restriction
Property Description
One Story
Interior Layout
Eat-in Kitchen
Interior Features
Eat-in Kitchen
Floor
Ceramic Tile, Laminate
Appliances
Range, Range Hood, Refrigerator
Utilities
Electricity Connected, Public, Sewer Connected, Water - Multiple Meters, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Private Entrance, Private Mailbox
Roof
Shingle
Foundation
Slab
Pool
No Pool
Pets
Allowed
Flood Zone Code
X
Parcel ID
36-29-15-48168-000-0240
Legal Description
LAKE PALMS SEC 4 LOT 24

Listing courtesy of CHARLES RUTENBERG REALTY INC. 866-580-6402

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