For Sale
$400,000
765 Lake June Rd Lake Placid, FL 33852
High-yield, 2-unit Florida investment.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- Two-unit single-family home rental portfolio for sale in Lake Placid, FL.
- $400,000 asking price, $200,000 per unit.
- 15,000 sq ft lot, 2,140 sq ft of net rentable space.
- Solid concrete block construction, updated roofs and AC (2024).
- Currently 100% occupied, generating $3,100 monthly rent ($37,200 annually).
- 8.61% capitalization rate.
Property Details for 765 Lake June Rd
- Property type
- Residential income homes
- Square Feet
- 2,140 SF
- Class
- A
- Year Built
- 1964
- Lot Size (sq. ft)
- 653,400,000 SF
- Units
- 2
Location Insight
- City
- Lake Placid
- County
- Highlands
- State
- Florida
- Latitude
- 27.3242991
- Longitude
- -81.4011643
Nearby Similar for Sale
FAQs
- What type of property is this?
- Residential income home - High-yield, 2-unit Florida investment.
- Where is the residential income home located?
- The property is located at 765 Lake June Rd Lake Placid, FL.
- What is the asking price?
- The asking price for this property is $400,000.
- What are key features of this property?
- This property features: Two-unit single-family home rental portfolio for sale in Lake Placid, FL.; $400,000 asking price, $200,000 per unit.; 15,000 sq ft lot, 2,140 sq ft of net rentable space.
- How can I contact the broker?
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