Active

$360,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 2124 sq ft
Overview
  • ID: MFRP4937878
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 2124 sq ft
Property Details
Remarks
Whether you are looking to expand a portfolio or house-hack your way to homeownership by occupying one unit, this duplex offers the stability and flexibility you’ve been searching for. This income-producing duplex is currently generating $2,848 in total monthly gross rent, with both units featuring separate electric and water meters to keep your overhead low. Timing is everything with this acquisition; as the lease for Unit A expires on April 30th allowing May 1st to provide a seamless window to either renew the existing tenant at your terms—who has expressed a strong desire to stay—or move in yourself and let the income from Unit B($1449-lease expires 11/30) significantly offset your mortgage. The roof was replaced in 2016, and the property features modern tankless water heaters, with Unit A approximately 3 years old and Unit B about 1 year old. Beyond the financial upside, residents enjoy a premium lifestyle through the Association of Poinciana, where the monthly HOA fee of only $100 conveniently includes high-speed internet and cable, along with access to extensive community amenities about 2.5 miles away (some with additional fees), including sparkling pools, fitness centers, parks, playgrounds, and sports courts and fields. New Owners can opt to stay with the current property manager for a seamless transition, though it is not required. The Tenants are cooperative with showings. Please ask your Realtor to share the "Income Property Information" sheet I have provided for them.
Financial Considerations
Price:
$360,000
HOA Fee:
100
Tax Amount:
$5003
Price per SqFt:
$169.49
Tax Legal Description:
POINCIANA V5 NBD 1 PB 3 PG 144 BLK 2062 LOT 30 19/27/29
Exterior Features
Lot Size:
8799
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway, Off Street, Oversized, Tandem
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
Dishwasher, Microwave, Range, Refrigerator, Tankless Water Heater
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
2003
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Rain Gutters
Additional Features 2:
HOA Docs State- No Short Term or AirBNB Style rentals allowed. 6-month minimum rental. Please verify all Rental restrictions directly with the HOA.
Map
  • Address
    303 AZINCOURT LN #A & B
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