Bought with EXP Realty LLC
$294,500
$299,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
5.5 Baths
3,300 SqFt
SOLD DATE : 12/23/2020
Key Details
Sold Price $294,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $89
MLS Listing ID RX-10650652
Sold Date 12/23/20
Bedrooms 7
Full Baths 5
Half Baths 1
Construction Status Resale
HOA Y/N No
Year Built 1987
Annual Tax Amount $4,759
Tax Year 2019
Lot Size 0.436 Acres
Property Sub-Type Duplex
Property Description
Multifamily Cash Cow right in the Heart of Okeechobee. Exterior almost completely rebuilt and updated in 2007 from a small home to a giant 3300+ concrete block duplex with 2007 trusses and 2007 commercial grade galvanized steel roof. Two 5 ton commercial A/C units (2007 and 2017). Practically new with many interior updates in the past 2 years including Kitchens, Bathrooms, flooring and more. Zoned duplex with on-time, paying tenants, with leases in place. Grossing over $4200 per month. One side of the property is a 4 bed/3.5 bath with rental income of $2,450 per month and the other side is 3 bed/2 bath at $1750 per month. Communal coin laundry brings in approx. $130 per month. Lovely area, right across the street from a church and school. Walking distance to downtown Okeechobee.
Location
State FL
County Okeechobee
Area 5940
Zoning Deplex
Interior
Heating Central, Zoned
Cooling Ceiling Fan, Central, Zoned
Flooring Tile, Wood Floor
Exterior
Exterior Feature Fence, Open Patio
Utilities Available Public Water, Septic
Amenities Available None
Waterfront Description None
View Other
Roof Type Metal
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 1.0
Foundation CBS, Concrete
Construction Status Resale
Schools
Elementary Schools Central Elementary School
High Schools Okeechobee High School
Others
Senior Community No Hopa
Restrictions Lease OK
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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