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TOUCHSTONE REAL ESTATE

info@touchstonerealestate.com +1(352) 223-0053

$ 229,000

Est. payment -/mo

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Pending

121 NW CRYSTAL STREET Crystal River, FL 34428

2,880 SqFt

UPDATED:

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

HOA Y/N No

Year Built 1979

Annual Tax Amount $2,422

Tax Year 2020

Lot Size 0.362 Acres

Acres 0.36

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

Direction Turn off Highway 19 to the east onto Crystal Street. the property is on your right.

Interior

Interior Features Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Master Bedroom Main Floor, Thermostat

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

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block

Others

Senior Community No

Tax ID 17E-18S-21-005A-00000-00D0

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8134444

Listed by DALTON WADE INC

TOUCHSTONE REAL ESTATE

COMPANY OWNER PAGE | BKCQ1051231

+1(352) 223-0053

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TOUCHSTONE REAL ESTATE

121 NW CRYSTAL STREET Crystal River, FL 34428

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121 NW CRYSTAL STREET