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4150 SE 37TH WAY Okeechobee, FL 34974
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Key Details
Sold Price $229,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,289 sqft
Price per Sqft $100
Subdivision Gov Lot 3
MLS Listing ID U8134492
Sold Date 12/21/21
Construction Status Inspections
HOA Y/N No
Year Built 1990
Annual Tax Amount $2,320
Lot Size 0.640 Acres
Acres 0.64
Property Description
Triplex consisting of a single family home with two bedrooms/two bathrooms plus a duplex with two one bedroom/one bath units. This property stays rented on yearly leases. Total income yearly is $29,220 or $2,435 monthly. Expenses are tax -$2,320, Insurance $2100, water $840, lawn care $1200 both yearly. Total income $29,220 minus total expenses $6,460 - $22,760 net.The property is well-maintained by a professional management company that can be retained if needed. Tenants pay electric/Trash and it stays 100% occupied on 12 month leases.. Both buildings have metal roofs. There is a laundry room and a large multiple car carport on the back of the property which is rented out at $35 per month. The single family home has a carport as well. See photos. There are NO tenants getting government assistance on rent and there are NO tenants behind on rent.
House rented at $1,000 lease end date 4/2021
A. 1/1 - rents for $600 lease end date 4/2022
B 1/1 - rents for $600 lease end date 6/2022
Location
State FL
County Okeechobee
Community Gov Lot 3
Zoning RINC
Interior
Interior Features Thermostat, Window Treatments
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Furnishings Unfurnished
Fireplace false
Exterior
Exterior Feature Storage
Garage Covered, Golf Cart Garage, Guest, Off Street, Open, Other, Oversized, Parking Pad, RV Garage
Garage Spaces 7.0
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Waterfront false
View Trees/Woods
Roof Type Metal
Parking Type Covered, Golf Cart Garage, Guest, Off Street, Open, Other, Oversized, Parking Pad, RV Garage
Attached Garage true
Garage true
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community Yes
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with DALTON WADE INC
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