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423 Main Street

Lake Hamilton, FL 33851
  • $495,000
  • STATUS: Active
  • ON SITE: 127 Days
  • MLS #: P4917501
UPDATED: 31 min ago
$495,000
  • 0
    BEDS
  • 1.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,828
    SQFT
  • $175
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1926
County:

School Information

Elementary School:
Middle School:

Description

Beautiful lakefront rental property on 1.14 acres with room for expansion. Two buildings - One building is a 3 bed/1.5 bath stand alone home with a garage and storage in the basement. The second building consist of three rental units; a 3 bed/1 bath house, a large 1 bed/1 bath apartment with a bonus room and a 1 bed/1 bath apartment. There is a laundry area, garage and storage under all the units. These rental units are located in the heart of quaint Lake Hamilton, a stones throw away from highway 27 and minutes away from I-4. All units have separate water and electric meters. Do not disturb the tenants. Current rents are below market value and have room for a substantial increase. This property can be rezoned and additional single family residences added. Seller is not interested in selling without holding a mortgage.

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© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-01-25T23:41:56.827.
www.suncoasthousing.com/homes/121593983
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423 Main Street Lake Hamilton, FL 33851

  • Price: $495,000
  • Status: Active
  • On Site: 127 Days
  • Updated: 31 min ago
  • MLS #: P4917501
0
Beds
0
Baths
0
½ Baths
1.14
Acres
2,828
SQFT
$175
$/SQFT
1926
Built
Neighborhood:
Lake Hamilton
County:
Polk
Area:
Lake Hamilton
Elementary School:
Alta Vista Elem
Middle School:
Boone Middle
High School:
Haines City Senior High
Property Description
Beautiful lakefront rental property on 1.14 acres with room for expansion. Two buildings - One building is a 3 bed/1.5 bath stand alone home with a garage and storage in the basement. The second building consist of three rental units; a 3 bed/1 bath house, a large 1 bed/1 bath apartment with a bonus room and a 1 bed/1 bath apartment. There is a laundry area, garage and storage under all the units. These rental units are located in the heart of quaint Lake Hamilton, a stones throw away from highway 27 and minutes away from I-4. All units have separate water and electric meters. Do not disturb the tenants. Current rents are below market value and have room for a substantial increase. This property can be rezoned and additional single family residences added. Seller is not interested in selling without holding a mortgage.
Exterior Features

Additional Water Information Lake is On The Back Of The PropertyIs A Very Small Lake And At Present Needs To Be Cleared/Cleaned Attached Garage Yn Yes Carport Yn No Construction Materials BlockStuccoWood FrameWood Siding Covered Spaces 2 Exterior Features Lighting Foundation Details Basement Lot Features City LotSidewalk Open Parking YN Yes Other Structures Storage Parking Features BoatOff StreetOpenParking PadUnder Building Pool Private Yn No Road Surface Type Paved Roof MembraneMetal View Water Water Access Lake Water Access Yn Yes Water Body Name Lake Ida Water Extras Yn No Water Frontage Feet Lake 134 Water View Lake Water View Yn Yes Waterfront Features Lake Waterfront Feet Total 134 Waterfront Yn Yes

Interior Features

Additional Rooms Bonus RoomFlorida RoomInside UtilityStorage Rooms Appliances DishwasherElectric Water HeaterRangeRange HoodRefrigerator Building Area Total 5824 Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Yn No Flooring CarpetCeramic TileVinylHardwood Furnished Unfurnished Heating ElectricWall Units / Window Unit Heating YN Yes Interior Features Ceiling Fans(S) Laundry Features Inside Levels Two Sewer Septic Tank Water Source Public

Property Features

Additional Lease Restrictions All Units Are Rented And Occupied Annual Expenses 8177 Annual Net Income 30222 Association Yn No Cdd Yn No DPR Yes Flood Zone Code Ae Garage Yn Yes Homestead Yn No Lease Considered YN Yes Lease Term 12 Months Listing Terms CashPrivate Financing Available New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Attached YN No Property Condition Completed Property Sub Type Quadruplex Realtor Info As-IsCurrently LeasedList Agent is OwnerMtge - Owner Will HoldNo SignOwner Will Consider FinancingPotential For Zoning ChangeSee AttachmentsZoning - Grandfathered In Senior Community Yn No Special Listing Conditions None Tax Annual Amount 2516 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedWater - Multiple Meters Zoning R-1A


Listing information © 2022 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Star Realty Of Winter Haven.



© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-01-25T23:41:56.827.
 
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