Bought with Christopher L Smith • ERA American Suncoast Realty
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7291 E Turner Camp RD Inverness, FL 34453
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Key Details
Sold Price $192,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,320 sqft
Price per Sqft $145
Subdivision Marina City
MLS Listing ID 824061
Sold Date 12/22/23
Style One Story
HOA Y/N No
Year Built 1971
Annual Tax Amount $1,606
Tax Year 2022
Lot Size 0.360 Acres
Acres 0.36
Property Description
Waterfront Duplex is currently rented with great long term tenant. 1 bedroom 1 bathroom each side. Terrazzo flooring, separate electric meters. Easy investment property to manage. Currently rented well under market value with more potential. This property also holds the option of Airbnb, with its desirable waterfront location. This is the only Waterfront Duplex I know of on the market. You may never see one again. Nothing fancy but the tenants are happy because it may be the lowest priced rental on the market making it EASY to rent.
-Roof age I was told by the previous owner was 16 years old. Flat roof on both sides of the home was replaced in 2022.
-Septic drain field is about 15 years old.
- Property has a well on a separate electric meter that owner pays.
-Currently both units rented under market value.
Rental income annual $15,600.00
Lawncare annual $ 900.00
Electric for well annual $ 386.00
Insurance $ 1,100.00
Property tax $ 1,390.00
Annual Net income $11,824.00
Unit A Rental amount $ 650.00 Month to month
Unit B Rental amount $ 650.00 Month to month
Showings only to qualified buyers. I will not disturb tenants unless buyer understands the income expenses and is qualified.
Location
State FL
County Citrus
Area 01
Zoning CLR
Interior
Cooling Wall/Window Unit(s)
Flooring Terrazzo
Fireplace No
Appliance Electric Oven, Electric Range, Refrigerator
Exterior
Exterior Feature Paved Driveway
Parking Features Driveway, Paved
Pool None
Waterfront Description Canal Access,Waterfront
Water Access Desc Well
Roof Type Asphalt,Shingle
Building
Lot Description Rectangular
Entry Level One
Foundation Block
Sewer Septic Tank
Water Well
Architectural Style One Story
Level or Stories One
New Construction No
Others
Tax ID 1717205
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing VA
Special Listing Condition Standard
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