Inverness, FL 34450,1259 S ELMWOOD DR

$525,000

Est. payment /mo

$650,000

19.2%
Est.Price: ?

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1259 S ELMWOOD DR Inverness, FL 34450

3,900 SqFt

SOLD DATE : 06/30/2022

Key Details

Sold Price $525,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,900 sqft

Price per Sqft $134

Subdivision Hickory Hill Retreats Unit 02

MLS Listing ID T3362342

Sold Date 06/30/22

HOA Y/N No

Originating Board Stellar MLS

Year Built 1970

Annual Tax Amount $3,754

Lot Size 0.660 Acres

Acres 0.66

Lot Dimensions 80x120

Property Description

BACK ON MARKET! Buyers financing fell through! Their loss, your gain! Calling all investors! to this fantastic investment opportunity!
Multi-Family (5 rental units, all currently occupied) + potential 6th unit that was framed out but never finished. There is a separate garage/warehouse that can also be leased & 1 large office space that all needs TLC. Only one unit has been renovated. Septic is new & there is a boat ramp/lake access. Will go fast!

Location

State FL

County Citrus

Community Hickory Hill Retreats Unit 02

Zoning CLC

Interior

Interior Features Kitchen/Family Room Combo

Heating Electric

Cooling Wall/Window Unit(s)

Fireplace false

Exterior

Exterior Feature Awning(s)

Parking Features Common

Utilities Available Electricity Available, Public

View Y/N 1

Water Access 1

Water Access Desc Lake

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Septic Tank

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

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Stellar MLS
Listed by HOMESPHERE REALTY, LLC
Bought with TROTTER REALTY

Jeramiah Bustin

License Partner - Broker Associate

+1(813) 857-2120

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