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1021 BIRCHWOOD CT #1-2 Leesburg, FL 34748
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Key Details
Sold Price $170,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,932 sqft
Price per Sqft $87
Subdivision Birchwood
MLS Listing ID U8136865
Sold Date 12/21/21
HOA Y/N No
Year Built 1984
Annual Tax Amount $1,952
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Duplex fully rented with two-two bedrooms/one bathroom units. CASH ONLY
Total income $yearly is $18,300 or $1,525 monthly. Expenses are tax -$1,952, Insurance $1272 plus lawn care $1200 yearly equals total expenses of $4,423 or $368 per month. Total income $18,300 minus total expenses $4,423 - $13,877 NOI. The property is well-maintained by a professional management company that can be retained if needed. Tenants pay electric/Water/Trash and it stays 100% occupied. There are NO tenants getting government assistance on rent and there are NO tenants behind on rent. Showing with approved contract and loan pre-approval or proof of funds if cash.
Lease end dates are:
Unit 1 - Month to month
Unit 2 - 06/05/21-06/04/22
Location
State FL
County Lake
Community Birchwood
Zoning R-3
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Furnishings Unfurnished
Fireplace false
Exterior
Exterior Feature Storage
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Waterfront false
View Trees/Woods
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with DALTON WADE INC