NOT LISTED FOR SALE

2014 Milton St Inverness, FL 34453

4 Beds
2 Baths
3,520 Sq Ft
0.5 Acres

Last Sold January 29, 2020

Last sale price $170,000 $48 Per Sq Ft

741 Days on Market

Highlights

  • No HOA
  • Landscaped
  • Central Heating and Cooling System
  • Ceramic Tile Flooring

About This Home

As of January 2020

Price reduced!!! Perfect for investors, capitalization rate of about 8.9% including property management fees. Units rent quickly. 4 two bedroom 1 bathroom apartments with 1 car garages. Units have washer/dryer hookup in the garage. These units are all occupied and under current leases.

Last Agent to Sell the Property

Mary Chapman

Landmark Realty License #3064510 Listed on: 12/19/2017

Co-Listed By

Janet Bega

Landmark Realty License #3162684

Last Buyer's Agent

Victoria Fraine

Epique Realty Inc License #3392053

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,062

Year Built

  • Built in 1973

Lot Details

  • 0.5 Acre Lot
  • Property fronts a county road
  • Landscaped

Home Design

  • 3,520 Sq Ft Home
  • Duplex
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Kitchen

  • Oven
  • Range

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • Private Parking
  • Driveway
  • Parking Lot

Utilities

  • Central Heating and Cooling System
  • Shared Well
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Inverness Acres Subdivision

Building Details

  • Operating Expense $10,588
  • Gross Income $23,430
  • Net Operating Income $12,842

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,062

Year Built

Built in 1973

Lot Details

0

Listing Details

  • CapRate: 0.08
  • Co List Office Mls Id: 1430
  • Co List Office Phone: (352) 726-5263
  • Directions: Forest Dr to right on Longwood to end - you will be on Milton and units are in front of you. Unmaintained dirt road.
  • Lot Size Acres: 0.5
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Prop. Type: Residential Income
  • Road Frontage Type: County Road
  • Road Surface Type: Unimproved
  • Subdivision Name: Inverness Acres
  • Year Built: 1973
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Interior Amenities: First Floor Entry
  • Living Area: 3520.0

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Landscaping, Concrete Driveway
  • Foundation Details: Block
  • Lot Features: Multiple lots
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Concrete, Driveway, Parking Lot, Private

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: LD
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 23430.0
  • Property Net Operating Income: 12842.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 10588.0

Tax Info

  • Tax Annual Amount: 3062.0
  • Tax Year: 2017

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2020 01/29/20 Sold $170,000 -15.0% $48 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
12/19/2017 12/19/17 For Sale $199,900 -- $57 / Sq Ft
Source: REALTORS® Association of Citrus County

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mary Chapman

    Landmark Realty

    (352) 476-4988

    27 in this area

    73 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Janet Bega

    Landmark Realty

    (352) 400-0529

    31 in this area

    78 Total Sales

    Section Image
  • Victoria Fraine

    Buyer's Agent in 2020

    Victoria Fraine

    Epique Realty Inc

    (502) 316-4486

    2 in this area

    70 Total Sales

    Section Image
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 767925

REALTORS® Association of Citrus County

APN: 12-19S-19E-0120-00010-057.0

Florida Citrus County Inverness 34453

2014 Milton St, Inverness, FL

This home is located at 2014 Milton St, Inverness, FL 34453 since 19 December 2017. This property was built in 1973. 2014 Milton St is a home located in Citrus County with nearby schools including Pleasant Grove Elementary School, Inverness Middle School, and Citrus High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTORS® Association of Citrus County IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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