Active

$330,000

Features:
  • 5 Bedrooms
  • 2 Bathrooms
  • 1821 sq ft
Overview
  • ID: MFRA4678419
  • Bedrooms: 5
  • Bathrooms: 2
  • Size: 1821 sq ft
Property Details
Remarks
**CASH ONLY.** Strong income-producing duplex located in the historic Warm Mineral Springs area. Re-capture your youth at the famous springs! This duplex is positioned on a corner lot one block from Ortiz Blvd, this property offers two separately metered units with independent entrances on San Lorenzo Ave and Genoa St, enhancing tenant privacy and rental appeal. Both units feature private front patios, interior laundry rooms, skylit kitchens, shower/tub combinations, and durable tile or luxury vinyl flooring throughout. Unit 2 includes an additional rear patio. Separate electrical meters allow tenants to pay their own power, reducing owner expenses. HVAC is under warranty for both units. Units have been remodeled in the last 5 yrs. Tenants say they enjoy the quiet neighborhood. Whether you want your parent to live on one side with a separate dwelling for the family, this is the perfect fit! Some improvements include NEW ROOF 2023, upgraded electrical panels (2019), water filtration system replacement (2019), new storm doors (2021), and a re-shingled roof (2014). **Unit 1:** Hurricane shutters, new water heater (2021), A/C (2015). **Unit 2:** Impact windows (2021), water heater (2019), updated kitchen with granite countertops and stainless steel appliances (2021). Owner operating expenses average approximately $150/month. Ceiling fans throughout and low-maintenance finishes contribute to reduced ongoing costs. Located near major employment corridors, shopping, dining, golf, boating, and the internationally known Warm Mineral Springs attraction, this duplex presents a solid opportunity for investors seeking steady cash flow in an established rental market. Duplexes are hard to come by...now's the time to build some passive income. Call today to schedule your showing!
Financial Considerations
Price:
$330,000
HOA Fee:
0
Tax Amount:
$2340.56
Price per SqFt:
$181.22
Tax Legal Description:
LOT 19 BLK 13 WARM MINERAL SPRINGS UNIT 80
Exterior Features
Lot Size:
8415
Lot Features:
Corner Lot, Landscaped, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Softener
Furnished:
Yes
Floor:
Tile, Vinyl
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1978
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Hurricane Shutters, Rain Gutters
Additional Features 2:
N/A
Map
  • Address
    200 SAN LORENZO AVE
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