11651 SE 71ST TERRACE RD Active

Belleview,FL 34420

$ 550000

- Bed

0 Bath

3994 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,994 sqft

Price per Sqft $137

Subdivision Lake Weir Gardens

MLS Listing ID OM669662

HOA Y/N No

Originating Board Stellar MLS

Year Built 1979

Annual Tax Amount $4,287

Lot Size 0.360 Acres

Acres 0.36

Property Description

Great investment opportunity includes two rental properties being sold together. The first is a quadplex that has four 2-bedroom, 1-bath units, and the second parcel has an additional single stand-alone 2-bedroom, 1-bath unit (with garage) on the adjoining parcel for a total of 5 rental opportunities. Units #1 - #4 are rented at $715 ea. The single-family unit is rented at $850. The units are located on the south side of Belleview, not far from 441. New roof on both buildings in April of 2020. New AC systems in all units (March 2023) and two new water heaters in units 2 and 3 (October 2023). A new well pump was installed in 2023. The price is firm and both units are being sold together. Potential buyers are welcome to drive by the two parcels. Inside showing will only be scheduled after the property is under contract during the due diligence phase and proof of funds has been provided.

Location

State FL

County Marion

Community Lake Weir Gardens

Zoning B1

Interior

Cooling Central Air

Exterior

Waterfront false

Building

Entry Level One

Foundation Slab

Lot Size Range 1/2 to less than 1

Structure Type Block

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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