Neighborhood: 33898 - Lake Wales, Masterpiece Park Estates
Property Taxes: $2,632
Tax Year: 2021
THIS DUPLEX IS A GREAT RENTAL PROPERTY! Situated on over a 1/2 acre on a prime corner lot in a fabulous rental area, this well maintained duplex will be the perfect rental property for you! Each side is 2BR/2BA unit that is the mirror image of the other one & each have their own screened patio and fenced yard area. You'll love the floor plan of these units with a spacious great room with cathedral ceiling and open to casual dining area & kitchen. They have a split BR plan and both bedrooms in each unit have nice size walk-in closets. Each unit has an inside laundry closet as well as a walk-in storage closet off the screened patios. The roof was just replaced this year along with some other updating that was done not long ago. Both sides already have tenants in place that have been there for a while. In fact the one tenant has been there for 25 years, (since 1997)!!! Both tenants know that the seller is planning to raise the rent rent to $1,000./month when their leases renew in November, (unless someone buys it before then and chooses to do something different). There is a potential for even higher rent. Lawn mowing is included in the $76.80 per month HOA fee and that is one fee but covers yards for both sides. The tenants pay for the utilities and each side has their own electric and water meter, (property has a septic tank, so there is no sewer bill). The shed belongs to the tenant. This awesome income property is located in a nice area in the northern part of Lake Wales with no through traffic and all of the properties have nice large lots. All measurements and info should be confirmed by buyer.
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