3907 Picciola Road, Fruitland Park, FL 34731

$299,900
5
BD
4
BA
2,388
SqFt
Sold Price
$299,900
List Price
$299,900
Status
Sold
Days on Market
2
Closing Date
May 21, 2021
MLS#
G5041534
Property Style
Single Family
Architectural Style
Contemporary
Year Built
1955
Bedrooms
5
Bathrooms
4
Living Area
2,388
Lot Size
29,766
Acres
0.68
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Acreage & Unrec
MLS Area Major
Fruitland Park

Property Description

"INVESTOR ALERT" - (9.6% CAP RATE) THREE SEPARATE SINGLE FAMILY INCOME PRODUCING PROPERTIES, FRUITLAND PARK, FL 34731. Established ROI for three separate single-family homes on a .55 acre corner lot. The Properties have been fully leased and will generate $28,800.00 in Gross Annual Income....if not more! PERFECT for a Private Investor looking for a "GREAT CAP RATE" Cap Rate or someone who wants to live On-Site and lease-out the other two units. Also zoned RP (Residential Professional) & possibly converted into professional offices. Unit#1 (3907 Picciola) is a 3-Bed, 2-Bath, 1,452 s/f GLA, Split plan, Block & Stucco, FRESHLY Painted Inside & Out, NEW Refrigerator & Range, NEW Kitchen Cabinets, NEWER drain field (2017), NEWER HVAC w/2 units-One for the Master Suite & One for rest of the House (2019), NEWER Tile Countertop & Backsplash, NEWER Light Fixtures & Ceiling Fans Throughout, Re Textured Walls & Ceilings, 6-Panel Doors, Inside Laundry, Separate Living & Family Rooms, 50 Gallon Water Heater, NO CARPET - Tile Floors Throughout, Large Back Yard, 11'x21' Screened Enclosed Rear Porch & 1-Car Garage. Units#2 (3911 Picciola) & #3 (3919 Picciola) are Both 1-Bed, 1-Bath Cottages, 468s/f GLA, Block & Stucco, NEWER Light Fixtures & Ceiling Fans Throughout, Ceramic Tile Floor & Window Treatments Throughout, NEWER HVAC, Re Textured Walls & Ceilings, 6-Panel Doors, Completely Re Plumbed, Updated Electrical, NEWER Water Heaters, NEWER Oak Cabinets, NEWER Appliances, Tile Countertops & Backsplash, Stainless Steel Sink, Storage Closets, Updated Walk-In Showers, Screened Patio, 1-Car Carport. Additional Features: Separate 10'x12' Building between Units#2 & #3 which is for Laundry & Storage for the Two Cottages. Each home has it's own Water Meter, Electric Meter & Septic Tank, All units updated 2013, New Drain Field in Unit #1 (2017), Termite Bond On All Units (Transferable & Since 2014), Landlord Annual (2021) Insurance for Entire Property ($2,352.00), New Boundary Survey Available and more. Call Agent for more information or to schedule a private "Covid Safe" showing.

Additional Information

Taxes
$2653
Minimum Lease
No Minimum
Location
Corner Lot, City Limits, Level, Oversized Lot, Paved
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RP
Interior Layout
Ceiling Fans(s), Kitchen/Family Room Combo, Solid Wood Cabinets, Window Treatments
Interior Features
Ceiling Fans(s), Kitchen/Family Room Combo, Solid Wood Cabinets, Window Treatments
Floor
Ceramic Tile
Appliances
Disposal, Electric Water Heater, Range, Refrigerator
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Exterior Features
Other
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
2 Car Carport, 1 Car Garage
Garage Spaces
1
Garage Features
Driveway, Garage Door Opener, Open, Oversized, Parking Pad
Garage Dimensions
11x20
Elementary School
Beverly Shores Elem
Middle School
Carver Middle
High School
Leesburg High
Pets
Allowed
Flood Zone Code
X
Parcel ID
10-19-24-0001-000-01400
Legal Description
FROM SE COR OF SW 1/4 OF NE 1/4 RUN N 0-23-20 E ALONG E LINE OF SW 1/4 OF NE 1/4 A DIST OF 20 FT FOR POB, RUN S 89-58-40 W ALONG N LINE OF R/W OF CLAY RD A DIST OF 163.36 FT, N 29-45-20 E 254.60 FT, S 89-35-40 E 125.15 FT, SW'LY TO POB--LESS SR 466A- - ORB 4294 PG 211 ORB 4462 PG 890

Mortgage Calculator

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Listing courtesy of ROCK SPRINGS REALTY, LLC. Selling Office: ERA GRIZZARD REAL ESTATE.

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