Lake Homes Realty
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132 & 136 wilson way ne

Lake Placid, FL 33852

4 BEDS 4-Full BATHS
0.34 AC LOT
Residential - Duplex
Image 1
Bedrooms 4
Total Baths 4
Full Baths 4
Acreage 0.34
Status Off Market
MLS # 301523
County Highlands
More Info
Category Residential - Duplex
Status Off Market
Acreage 0.34
MLS # 301523
County Highlands
Fantastic investment opportunity with this 2007 Duplex. Fully rented long term tenants with recently renewed leases. Both expressed they would like to stay. NOI $31675.24, Cap Rate 8.358% (see attached income and expenses spreadsheet). Rents for $3,106 total per month. Seller has taken great care of this property making it an easy keeper for the next investor. New 2024-dimensional shingle roof, $16,000. 2024 new Drain field on the right side (there is a septic system on each side), central water though, units have been gone through and made sure everything was fixed and looking good (fresh interior paint on left side, newer appliances). Duplex is in a really nice area of Placid Lakes, close to a great Mexican Restaurant, dollar store, gas station, and about 10 mins away from downtown. Tenants really enjoy having a garage on each of their sides and the open layout with the kitchen and living room. Could offer tenants access to the waterfront park on Lake June (boat ramp, playground, boardwalk, gated entrance, fishing).
Location not available
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Exterior Features

  • Style OneStory
  • Construction Single Family
  • Siding Block, Concrete, Stucco
  • Roof Shingle
  • Garage Yes
  • Garage Description 1
  • Water Public
  • Sewer None,SepticTank

Interior Features

  • Heating Central, Electric
  • Cooling CentralAir, Electric
  • Year Built 2007

Neighborhood & Schools

  • Subdivision Placid Lakes
  • Elementary School Lake Placid Elementary
  • Middle School Lake Placid Middle
  • High School Lake Placid High

Financial Information

  • Parcel ID C-14-37-29-071-0790-0050

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.