121 NW CRYSTAL STREET Pending Save Request In-Person Tour Request Virtual Tour
Crystal River,FL 34428
Key Details
Property Type Residential Income
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $79
Subdivision Brewers Add
MLS Listing ID U8134444
Year Built 1979
Annual Tax Amount $2,422
Tax Year 2020
Lot Size 0.362 Acres
Property Sub-Type Duplex
Property Description
Multi-family DUPLEX fully rented! Was once 4 units and converted to 2 large units now-2800 SQ?FT. 100% Tenant occupied on 12 month leases. Turn it back into a Quadraplex?
Income Yearly is $24,300, Monthly -$2,025. Insurance $1700/YR. Taxes-$2,422. Water/Elecric/garbage $612/Mo.
Total Expenses-$954/Mo or $11,448/Year. Income $24,300 - $11,448 - $12,852.
Owner pays electric and water. This can be changed by adding meters to the water lines from Home Depot at $139 per meter. An additional electric meter can be added also. Doing these two things will eliminate $600 dollars MOL each month from the expenses. Should the current owner keep the property, this is what will be completed.
The property is well-maintained by a professional management company that can be retained if needed. Showing with an signed contract. When we purchased this property 16 months ago our inspector could only find one thing that needed to be corrected. It was a dryer vent that had become disconnected. This will give you a idea of the condition of this property.
lease end dates -
6/01/21-05/31/22
04/01/21-03/31/22
Location
State FL
County Citrus
Area 34428 - Crystal River
Zoning NBR
Interior
Heating Central
Cooling Central Air
Exterior
Exterior Feature Lighting,Other,Sidewalk
Parking Features Assigned,Ground Level,Guest,Off Street
Utilities Available Cable Connected,Electricity Connected,Fire Hydrant,Other,Public,Sewer Connected,Water Connected
Roof Type Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8134444