Two Waterfront Duplexes + docks

  SOLD March 2012 for $200,000

910 Camp Street, Tavares, Florida 32778


Building Size1,144 Square Feet
Land Size0.47 Acres
Units4
ZoningMF 10
ElectricProgress Energy
Year Built1958
ConstructionBlock
RoofRolled roof
SewerCity
ParkingPlenty of parking
WaterCity

Two WATERFRONT 2bed/1bath duplexes (four rental units) complete with four boat slips. Watch the sunrise over Lake Dora from your back door. 142 feet of white sand beach! Great potential income maker. All units rented - #1 at $600 per month; #2 at $700 per month including water and electric; and #3 at $700 per month furnished, #4 at $500 per month. Expenses about $350 per month including lawn service.Present yearly income = $30,000; appx. yearly expense including taxes = $9200. Therefore present NOI appx. $20,800. Appx. CAP = 9.5%.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


Powered by TotalCommercial.com