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Sold for $320,000
  • $320,000

    615 Clearlake Rd, Cocoa, FL 32922

    4beds
    3baths
    2,204sqft
    Duplex, Multi Family
    Built in 1957
    -- sqft lot
    $-- Zestimate®
    $145/sqft
    $2,136 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,136/mo

    Zestimate® history
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    $2,047/mo

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    What's special

    Welcome to this unique income producing property nestled in a desirable area. The home boasts a strategic blend, making it an ideal choice for investors seeking both immediate returns and long-term growth. Key Features: Upgraded HVAC System: Enjoy optimal comfort and efficiency with newly installed AC ductwork throughout the property, ensuring a pleasant environment for tenants year-round. The new unit installed in 2018 provides enhanced reliability and performance, further adding value to this investment. Income-Generating Potential: Benefit from a steady stream of income with this fully tenant-occupied property. While occupancy at the time of closing is not guaranteed, the current occupancy status underscores its appeal as a reliable income generator. Versatile Layout: This property presents a unique configuration featuring a block single-family home at the front and a two-story duplex at the rear. The upper unit of the duplex offers two bedrooms and one bathroom, while the lower unit provides one bedroom and one bathroom. This versatile layout caters to diverse tenant preferences, maximizing rental opportunities. Convenient Amenities: Residents will appreciate the convenience of onsite laundry facilities located in the first-floor common area, enhancing their overall living experience and convenience. Commercial Zoning: With the property zoned for commercial use, the possibilities are endless. Explore various investment avenues such as retail space, office conversions, or mixed-use developments, unlocking a myriad of potential opportunities for future growth and expansion. Conveniently situated in a prime location, this property enjoys easy access to a range of amenities including shopping centers, beach access minutes away, dining establishments, recreational facilities, and major transportation routes. Its proximity to key attractions and essential services adds to its appeal, attracting tenants and enhancing its long-term value proposition. In summary, this property presents a rare opportunity to acquire a maintained investment asset with promising income-generating potential and versatile usage options. Whether you're a seasoned investor seeking to expand your portfolio or a discerning buyer looking for a rewarding investment opportunity, this property offers the perfect blend of convenience, comfort, and growth potential. Don't miss out on the chance to make this exceptional property your next investment success story. Contact us today to schedule a viewing and explore the endless possibilities that await!

    Zillow last checked: 8 hours ago

    Listing updated: February 21, 2024 at 06:18am

    Listing Provided by:

    Jennifer Adams 407-791-3149,

    LPT REALTY, LLC 877-366-2213

    Bought with:

    Gabriela Lauria, 3587252

    VOLKE REAL ESTATE LLC

    Source: Stellar MLS,MLS#: S5098414MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Central, Wall Units / Window Unit
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area, Outside
    Features
    • Ceiling Fan(s)
    • Flooring: Ceramic Tile, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 1,624
    • Total interior livable area: 2,204 sqft

    Property

    Features
    • Levels: Multi/Split
    • Fencing: Fenced
    Lot
    • Size: 0.32 Acres
    • Features: Oversized Lot
    Details
    • Parcel number: 24 363076A2.01
    • Zoning: BU-2
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Block, Wood Siding
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available

    Community & neighborhood

    Location
    • Region: Cocoa
    • Subdivision: ATKINSONS 02

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Other,Special Funding
    • Ownership: Fee Simple
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    2/19/2024Sold$320,000-8.6%$145/sqft
    Source: Stellar MLS #S5098414 Report a problem
    2/2/2024Pending sale$350,000$159/sqft
    Source: Stellar MLS #S5098414 Report a problem
    1/26/2024Listed for sale$350,000+221.1%$159/sqft
    Source: Stellar MLS #S5098414 Report a problem
    3/14/2014Listing removed$109,000$49/sqft
    Source: New Beginningz Real Estate Group, Inc. #688705 Report a problem
    2/8/2014Listed for sale$109,000+10.1%$49/sqft
    Source: New Beginningz Real Estate Group, Inc. #688705 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2017$2,276 +3.6%$83,000 +9.2%
    2016$2,195 +3.3%$76,000 +13.2%
    2015$2,125 +7.5%$67,150 +10%

    Find assessor info on the county website

    Neighborhood: 32922

    Nearby schools

    GreatSchools rating
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