2014-2016 Milton St

Inverness, FL 34453

$170,000
Last Sold Price
8
Beds
4
Baths
3,520 Sq. Ft.
$48 / Sq. Ft.
3,520
Sq. Ft.
$48
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 1/29/20
Closed 1/29/20

Description

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.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.
  1. Listed by Kathy Chapman • Brokerage DRE #245675 • Landmark Realty
    P: (352)-476-4988 C: (352)-476-4988 kathy@landmarkinverness.com
  2. Listed by Janet Bega • Brokerage DRE #245675 • Landmark Realty
    P: (352)-400-0529 C: (352)-400-0529 janet@landmarkinverness.com

Property Details for 2014-2016 Milton Street

Subdivision Name
Inverness Acres
Has Waterfront
No
Zoning
LD
LISTING UPDATED: 04/25/2022 10:27 AM

Property Details for 2014-2016 Milton Street

StatusClosed
MLS #767925
Days on Market765
Taxes$3,062 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1973
Lot Size0.50 AC / 21,780 SF
CountyCitrus County
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Location

Listing Courtesy of Landmark Realty, Kathy Chapman; Landmark Realty, Janet Bega

Sold By Waybright Real Estate, Inc., Victoria Fraine

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Building Information for 2014-2016 Milton Street

Stories-Residences4Year Built1973Building Size-Lot Size0.50 AC / 21,780 SF

Payment Calculator

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$1,102 per month

30 year fixed, 6.36% Interest

Principal and Interest

$847

Property Taxes

$255

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2014-2016 Milton Street

Summary
Location and General Information
  • Directions: Forest Dr to right on Longwood to end - you will be on Milton and units are in front of you. Unmaintained dirt road.
  • Latitude: 28.856136
  • Longitude: -82.356684
  • MLS Area Major: 07
Taxes and HOA
  • Has Association: No
  • Parcel Number: 1677211
  • Tax Annual Amount: $3,062.00
  • Tax Legal Description: Inverness Acres Unit 2 OB 6 OG 52 Lot 57 & 58 Blk 1
  • Tax Year: 2017
Parking
  • Parking Features: Concrete, Driveway, Parking Lot, Private
Virtual Tour
Property
Lot Information
  • Lot Features: Multiple Lots
  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Units: Acres
  • Road Frontage Type: County Road
  • Road Surface Type: Unimproved
Property and Assessments
  • Building Area Total: 4673.0
  • Documents Available: Lead Based Paint Disclosure
  • Living Area: 3520.0
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Universal Property Id: US-12017-N-1677211-R-N
  • Year Built: 1973
Building Features
  • Construction Materials: Stucco
  • Foundation Details: Block
Utilities
  • Sewer: Septic Tank
  • Water Source: Shared Well
Interior and Exterior Features
Interior Features
  • Appliances: Oven, Range, Refrigerator
  • Bathrooms Total Integer: 0
  • Cooling: Central Air, Electric
  • Has Cooling: Yes
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Heating: Central, Electric
  • Has Heating: Yes
  • Interior Features: First Floor Entry
Exterior Features
  • Exterior Features: Landscaping, Concrete Driveway
  • Pool Features: None
  • Roof: Asphalt, Shingle
Multi Family
Multi Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Gross Income: $23,430
  • Net Operating Income: $12,842
  • Operating Expense: $10,588.00
Unit Information
Unit 1
  • Actual Rent: $575.00
  • Baths Total: 1
  • Beds Total: 2
Unit 2
  • Actual Rent: $510.00
  • Baths Total: 1
  • Beds Total: 2
Unit 3
  • Actual Rent: $585.00
  • Baths Total: 1
  • Beds Total: 2
Unit 4
  • Actual Rent: $600.00
  • Baths Total: 1
  • Beds Total: 2
Rental
Rent Information
  • Has Lease Considered: No

Property History for 2014-2016 Milton Street

DateEvent & SourcePriceAppreciation
Jan 29, 2020

Sold

REALTORS Association of Citrus County #767925

$170,000—
Jan 23, 2020

Pending

REALTORS Association of Citrus County #767925

—
Dec 19, 2017

Listed (Active)

REALTORS Association of Citrus County #767925

$199,900—
DateEvent & SourcePrice
01/29/2020

Sold

REALTORS Association of Citrus County #767925

$170,000
01/23/2020

Pending

REALTORS Association of Citrus County #767925

—
12/19/2017

Listed (Active)

REALTORS Association of Citrus County #767925

$199,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 2014-2016 Milton Street

This home is within Citrus.
Rating
School
Type
Grades
Distance
Pleasant Grove Elementary School
Public - PK to 5
Inverness Middle School
Public - 6 to 8
Citrus High School
Public - 9 to 12
Withlacoochee Technical Institute
Public - 11 to 12
Rating
School
Distance
Pleasant Grove Elementary School
PublicPK to 5

Inverness Middle School
Public6 to 8

Citrus High School
Public9 to 12

Withlacoochee Technical Institute
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Landmark Realty, Kathy Chapman; Landmark Realty, Janet Bega

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.