$315,000
Rare investment opportunity awaits in Lake City, Florida! This income-producing duplex is a savvy investor's dream, boasting a total of 4 bedrooms & 2 bathrooms. Each side of this well-maintained property features 2 bedrooms & 1 full bath, offering the potential for dual rental income. Nestled on a generous 12,500 sf corner lot adorned with a lush canopy of trees, this all-brick exterior duplex exudes timeless appeal. The spacious lot also accommodates 2 covered carports with adjoining outdoor storage, providing convenience & functionality. Upon entering, original hardwood oak flooring sets a classic tone, complemented by updated kitchens that blend modern convenience with enduring charm. One side features custom built-in shelving, adding a touch of individuality to the space. Strategically positioned for an investor's advantage, this duplex offers the potential to reside in one unit while leasing out the other for passive income. Both sides include interior laundry rooms, enhancing the overall appeal & practicality of the property. With a total square footage of 1,752, this property presents an exceptional opportunity to capitalize on Lake City's rental market. Fantastic city location with all city utilities. Just moments from historic downtown shopping, dining, and entertainment. Easy access to Hwy 90, additional restaurants, and a bustling mall. Don't miss out on the chance to own this income-generating gem.
From US 90/I-75, go East on US 90 to Right on McFarlane, to Right on Laurel Lane (off McFarlane between US 90 and Baya Ave.)
Blinds, Ceiling Fans, High Speed internet, Cable TV Available
Sale IncludesRefrigerator, Microwave, Dishwasher
MLS # | 123283 |
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Date Listed | 2024-05-04 |
Status | Contingent |
Property Type | Multi-Family/Apartments |
Property SubType | Duplex |
Construction Stage | Existing Resale |
Style | Single Story |
Type | Brick |
Year Built | 1963 |
Days on Market | 14 |
Zoning | RSF-2 |
Florida Room | No |
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Design | Single Story |
Floors | Vinyl Linoleum,Hardwood,Tile |
Cooling | Central Electric |
Heating | Central Electric |
Windows | Aluminum |
Type Utility | In House |
Carport | Yes |
Hardwood Floors | 1 |
Construction | Brick |
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Lot Size | 93x135 sq ft |
Acreage | 0.29 Acres |
Parking | 2 Car, Carport, Driveway |
Porch Type | None |
Roof | Shingle |
Sewer | Public Connected |
Water | Public Connected |
Area | 2-Sw. Us 90 - W. Us 441 Columbia |
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County | Columbia |
City | Lake City |
State | FL |
Zip | 32025 |
Flood Zone | X |
Financing Terms | Cash, Conventional, FHA, VA |
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Homeowners Association | No |
Association Special Assessment | No |
MLS# 123283
IDX information provided by the North Florida MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Kristina Porter
Daniel Crapps Agency, Inc
Listing updated May 6, 2024 at 9:00 pm
Last checked 7 minutes ago