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12430 LAKEVIEW DR Dade City, FL 33525
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Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,342 sqft
Price per Sqft $141
Subdivision College Heights
MLS Listing ID T3435081
Sold Date 07/21/23
HOA Y/N No
Originating Board Stellar MLS
Year Built 1969
Annual Tax Amount $6,553
Lot Size 1.390 Acres
Acres 1.39
Property Description
3 Dade City Duplexes
It's a rare treat to find a property like this. Three duplexes in a 1.39 acre park like setting. Each unit (6 total) are 2 bedroom, 2 bath, units with enclosed carports and screened porches. New roofs on all buildings in 2022 and fresh exterior paint in 2023. Please see the attached sheet of upgrades and repairs for a comprehensive list. Current tenants are month to month with one unit leased until October. Current rents are below the market average by several hundred dollars and have potential for a 75% increase. Annual operating expenses average $21,000 per year with current net income last year of $55,000 Also attached is a list of current rents and expenses this complex is conveniently located near St Leo University and Lake Jovita.
Location
State FL
County Pasco
Community College Heights
Zoning R2
Interior
Interior Features Split Bedroom
Heating Central, Electric, Heat Pump
Cooling Central Air
Flooring Vinyl
Furnishings Unfurnished
Fireplace false
Appliance Electric Water Heater, Range, Refrigerator
Laundry Laundry Closet
Exterior
Exterior Feature Sliding Doors
Parking Features Covered, Guest, Open
Utilities Available BB/HS Internet Available, Electricity Connected, Public
View Trees/Woods
Roof Type Shingle
Porch Enclosed, Porch, Rear Porch, Screened
Garage false
Private Pool No
Building
Lot Description In County, Near Golf Course, Paved
Entry Level One
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Septic Tank
Water Public
Structure Type Block, Concrete
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with VERTICAL INTERNATIONAL REAL ESTATE LLC
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