118 LAKE AVENUE SE,Largo,Pinellas,Residential Income

Back on the market because financing fell through. Duplex in excellent condition. Tenants have been there for approximately 10 years.

Tenant in #B was there for 28 years and has just bought a house. Tenant in #A unit is on a yearly lease which is up in Oct 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.