AlexanderFranqui, PA
BEDS2
BATHS
SQUARE FEET1,064
MLS#P4938536
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCODINGTON LAKE ALFRED
Property Description
2019 Roof! NO HOA!! FHA/VA loan friendly! This duplex offers a rare combination of stability and flexibility, making it an ideal opportunity for both investors and owner-occupants alike. One unit is currently leased through February 28, 2027, while the second unit is on a month-to-month agreement with the tenant open to signing a new lease. Whether you are looking to expand your portfolio with reliable cash flow, house-hack by living in one unit while renting the other, Both units feature separate electric meters to minimize expenses, and the seller covers water at an average cost of less than $75 per month. With no HOA, there is room to bring your RV, boat, or trailer. Nearby outdoor amenities for Lake Swoope include a public boat ramp, boardwalk, and picnic areas. You are also less than 0.5 miles from Lions Park, which features a public boat ramp for Lake Alfred, a 700-acre freshwater lake, and the property is under 7 miles to I-4 for easy access to Tampa, Orlando, and Davenport's Posner Park, a vibrant 80 acre retail hub with with Shopping, Restaurants and Entertainment including big brand anchor stores such as Target, Petsmart, Dicks Sporting Goods, Best Buy, Hobby Lobby, HomeGoods, Michaels, Books-A-Million, BJs Wholesale club, Cinepolis IMAX Theater and soooo much more. This is a versatile investment you will not want to miss. Schedule your private showing today!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.16 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $3,105
Year Built: 1938
Amenities
Ceiling Fans(s)
Eat-in Kitchen
Open Floorplan
Private Entrance
Feature Descriptions
Annual Net Income: 23100.00
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Directions: From I-4 exit 48 head South on CR 557 for about 6 miles and then turn right on W. Cummings St.Arrive at 515 West Cummings St.
Exterior: Concrete
Fireplace: Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: x
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot: Corner Lot
Lot Dimensions: 0.16
Other Equipment: Private Entrance
Ownership: Fee Simple
Patio/Porch: Rear Porch
Pets Allowed: Cats OK, Dogs OK, Yes
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Septic Tank
Showing Instructions: Lock Box Electronic
Special Sale Provisions: None
Units: 2
Utilities: Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R-1A
Listed By / Shown By
Listed By
Agency Name: FLORIDA REALTY MARKETPLACE
Agency Contact: 863-877-1915
Shown By
Agent Name: Alexander Franqui, PA
Agent Phone: Cell: (910) 431-2553
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 825.13 per month $500.75 Principal & Interest $258.75 Property Tax $65.63 Homeowner's InsuranceChange Payment Information
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515-525 W Cummings Street | MLS# P4938536
This multi-family property located at 515-525 W Cummings Street , Lake Alfred, FL 33850 is currently listed for sale with an asking price of $225,000. Search Lake Alfred real estate on afranqui.realty100.com today.