Under contract

118 LAKE Ave SE, Largo, FL 33771

Beds
5
Baths
2
Sqft
1,718

View property features, location on map, relevant school information and overview from seller's agent.

Listed byCharles Rutenberg Realty Inc
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Overview

Under contract-accepting backup offers. Duplex in excellent condition. Tenants have been there for over 10 years. Tenant in #B says she has been there 28 years. Tenants are on a yearly lease with an early termination clause that requires 30 days written notice and a $300 relocation payment, plus additional details. Terrific tenants who would like to stay. Separate water meters, separate electric meters, separate water heaters, separate HVAC, separate washer & dryer hookups. Huge Lot approximately 70X203 - Tenants mow the lawn. Plenty of parking. Freshly painted one story block building with tile floors. 4 Point inspections were done April 24/2024 and are attached in the MLS. Please keep in mind that these are long term tenants and are on discounted rents The rents could easily be raised by $200/Month per unit to market rates or $400 total, for an additional $4800 per year.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
5
Number of bathrooms
2
Square feet
1,718
Lot size (acres)
0.32
Year built
1973

Interior features

Laundry
Electric Dryer Hookup, Laundry Room, Washer Hookup

Utilities

Heating
Central, Electric
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$5,696.16

Public schools

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Sourced from: Stellar MLS MLS®#: TB8499836 Last checked:

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