Two Waterfront Duplexes + docks
910 Camp Street, Tavares, Florida 32778
Sold: $200,000
Property Details
Property Type
Residential
Building Type
Freestanding
Building Size
1,144 sqft
Land Size
0.47 acres
Units
4
Sewer
City
Water
City
Zoning
MF 10
Electric
Progress Energy
Year Built
1958
Roof
Rolled roof
Parking
Plenty of parking
Lease Type
219500
Construction
Block
Property Description
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%.
