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Key Details
Sold Price $416,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,700 sqft
Price per Sqft $244
Subdivision Casa Grande
MLS Listing ID O6232414
Sold Date 09/24/24
Construction Status Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1978
Annual Tax Amount $2,572
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Discover an exceptional investment opportunity with this fully occupied duplex rental property, 533 and 535 Camino Ct, offering excellent cash flow from day one. Both units are 2 bedroom 1 bathroom. Located in a prime area with convenient access to major highways, including 17-92, 436, and I-4, and within walking distance to the Altamonte Springs SunRail, this property is a gem for savvy investors.
Key Features:
Below Market Value Rents: A rare find with rents currently below market value, providing the potential to increase income with future rent adjustments.
Fully Occupied: Long-term tenants in place, offering stability and a reliable stream of rental income.
Low Maintenance: Enjoy peace of mind with extremely low maintenance, ensuring a hassle-free investment.
Immediate Cash Flow: Start earning from day one with consistent rental income.
This property is perfect for investors seeking a well-maintained, cash-flowing asset with the potential for increased returns. Don't miss out on this fantastic opportunity in a sought-after location.
Location
State FL
County Seminole
Community Casa Grande
Zoning R-2
Interior
Interior Features Other
Heating None
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Appliance Other
Laundry Washer Hookup
Exterior
Exterior Feature Sidewalk
Garage None
Utilities Available Public
Waterfront false
Roof Type Shingle
Parking Type None
Garage false
Private Pool No
Building
Lot Description Paved
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
Construction Status Financing,Inspections
Schools
Elementary Schools Lake Orienta Elementary
Middle Schools Milwee Middle
High Schools Lyman High
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with YOUNG REAL ESTATE