Jaci Ward
COMPASS FLORIDA LLC
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Rare investment opportunity awaits in Lake City, Florida! This income-producing duplex is a savvy investor's dream, boasting a total of 4 bedrooms & 2 bathrooms. Each side of this well-maintained property features 2 bedrooms & 1 full bath, offering the potential for dual rental income. Nestled on a generous 12,500 sf corner lot adorned with a lush canopy of trees, this all-brick exterior duplex exudes timeless appeal. The spacious lot also accommodates 2 covered carports with adjoining outdoor storage, providing convenience & functionality. Upon entering, original hardwood oak flooring sets a classic tone, complemented by updated kitchens that blend modern convenience with enduring charm. One side features custom built-in shelving, adding a touch of individuality to the space. Strategically positioned for an investor's advantage, this duplex offers the potential to reside in one unit while leasing out the other for passive income. Both sides include interior laundry rooms, enhancing the overall appeal & practicality of the property. With a total square footage of 1,752, this property presents an exceptional opportunity to capitalize on Lake City's rental market. Fantastic city location with all city utilities. Just moments from historic downtown shopping, dining, and entertainment. Easy access to Hwy 90, additional restaurants, and a bustling mall. Don't miss out on the chance to own this income-generating gem. Take advantage of this rare investment opportunity and schedule a showing today!
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Total Bedrooms : 4
Total Baths: 2
Full Baths: 2
Sewer: Public Sewer
Eat-in Kitchen
Roof : Shingle
Appliances : Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
Shingle
Tile, Vinyl, Wood
Heating: Central
Cooling: Central Air
Water Source: Public
Year Built: 1963
Security System: Smoke Detector(s)
Roof: Shingle
None
None
Lot Dimensions: 12,500sf
Lot Description: Corner Lot
Lot Size Area: 0.29 Acres
Lot Square Feet: 12,458
Stories: 1
Main Square Feet: 1,752
Property Type: Residential
Sub Type: Single Family Residence
Style: Multi Generational, Other
SQ ft (Living Area): 1,752
Subdivision: Metes & Bounds
MLS Area Minor: 803-Columbia-Southeast
Source Neighborhood: Metes & Bounds
Property Age: 61
Listing Id: 2023911
List Price: $315,000
List Price Tot SqFt: $180
Listing Terms Cash, Conventional, FHA, VA Loan
Possession: Close Of Escrow
Parcel Number: 00000012592000
Taxes: W DIV: LOTS 5,6 BLK 11 MCFARLANE PK S/D & PORTION OF CLSD ALLEY DESC IN QC 1364-1241. DC 1294-2280, PB 1296-2762PR 1301
Attached Carport, Carport
Cable Available, Electricity Available, Sewer Available, Water Available
Direction: Head north on US-90 W. Turn left onto SW Lakeview Ave. Turn right onto SW Laurel Ln. Home is on the right.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
725 State Road, Lake City, FL,32025 | $625,000 | -- | -- | -- | -- |
5256 S 441 Highway, Lake City, FL,32025 | $525,000 | 3 | 6 | 1,699 | 14.6 Acres |
468 SE Evergreen Drive, Lake City, FL,32025 | $349,999 | 3 | 2 | 2,334 | -- |
102 SW Hodges Way, Lake City, FL,32025 | $185,000 | 3 | 1 | 1,344 | 0.78 Acre |
541 SE Sharon Lane, Lake City, FL,32025 | $243,500 | 4 | 2 | 2,056 | -- |
555 SE Pennsylvania Str.., Lake City, FL,32025 | $137,000 | 2 | 1 | 1,062 | 0.12 Acre |
1097 SE County Road 245, Lake City, FL,32025 | $1,698,000 | -- | -- | 1,176,006 | 27 Acres |
458 SE Melrose Way, Lake City, FL,32025 | $239,999 | 3 | 2 | 1,490 | 0.19 Acre |
SW Catherine Lane, Lake City, FL,32025 | $117,915 | -- | -- | 530,964 | 11.23 Acres |
SW Catherine Lane, Lake City, FL,32025 | $126,535 | -- | -- | 635,922 | 13.71 Acres |
ByOwner last updated this listing 05/26/2024 @ 20:18
MLS: 2023911
LISTED BY: JACI WARD, COMPASS FLORIDA LLC
SOURCE: realMLS (Northeast Florida Multiple Listing Service)
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in reciprocal agreements.