$450,000
$479,900
6.2%For more information regarding the value of a property, please contact us for a free consultation.
2,794 SqFt
SOLD DATE : 07/30/2021
Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,794 sqft
Price per Sqft $161
Subdivision Polak Sub
MLS Listing ID G5043913
Sold Date 07/30/21
Construction Status Inspections
HOA Y/N No
Year Built 1946
Annual Tax Amount $3,809
Lot Size 1.010 Acres
Acres 1.01
Property Description
GREAT LAKE FRONT MULTI UNIT INVESTMENT! Check out this great multi-family property that is lakefront on Lake Woodward on one acre. The property consists of a single family home (1,132 sf) with two bedrooms and two baths. This home was formally a duplex and has two separate power meters and could easily be converted back to a duplex with only one wall installed turning it into a 2/1 unit and a 1/1 unit. The main home also has a detached two car garage with workshop. There is a separate efficiency cottage (388 sf), and a duplex that fronts directly on Lake Woodward (1,274 sf). Each side of the duplex has a Florida room, living room, kitchen, one bedroom and one bath and exterior laundry room. They each also have their own carport and additional storage room. The income listed is way below market and doesn't include any rents for the main home which could be a duplex for even more cash flow. The property consists of two parcels that is being sold as one. Don't miss out on this great investment opportunity!
Location
State FL
County Lake
Community Polak Sub
Zoning SR
Interior
Interior Features Ninguno
Heating Central, Electric
Cooling Central Air, Wall/Window Unit(s)
Flooring Ceramic Tile, Vinyl, Wood
Fireplace true
Appliance Range, Refrigerator
Laundry Laundry Room, Outside
Exterior
Exterior Feature Storage
Parking Features Driveway, Off Street
Garage Spaces 2.0
Utilities Available Cable Connected, Public, Water Connected
Waterfront Description Lake
View Y/N 1
Water Access 1
Water Access Desc Lake
View Water
Roof Type Shingle
Attached Garage false
Garage true
Private Pool No
Building
Lot Description In County
Entry Level One
Foundation Crawlspace
Lot Size Range 1 to less than 2
Sewer Septic Tank
Water Public
Structure Type Block,Wood Frame
New Construction false
Construction Status Inspections
Schools
Elementary Schools Eustis Heights Elem
Middle Schools Eustis Middle
High Schools Eustis High School
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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