$325,000
$345,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
453 BENTWOOD LN Orange Park, FL 32073
8 Beds
8 Baths
3,686 SqFt
Key Details
Sold Price $325,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,686 sqft
Price per Sqft $88
Subdivision Cedar Bend
MLS Listing ID 1074407
Sold Date 10/16/20
Bedrooms 8
Full Baths 4
Half Baths 4
Originating Board realMLS (Northeast Florida Multiple Listing Service)
Year Built 1982
Lot Dimensions 110 X 107
Property Description
Great opportunity to own rental property in a high demand area. Fully occupied. Current comps show rents are up to 850/m in this community, increasing annual rent to 40,800. With property management in place this is a potential 9.27 cap investment. This property has been well maintained and a new roof added in 2017. All annual leases. One tenant has occupied 5 to 6 years. Two have occupied for 2 years. One is less than a year. Public records shows property as having only one bath but there is a half bath in each unit connected to the master bedroom.
Location
State FL
County Clay
Community Cedar Bend
Area 131-Meadowbrook/Loch Rane
Direction Exit 295 go West on Blanding Blvd right on wells road. turn left on Cedar bend Court Turn Right on Lombard Turn left on Bentwood Lane
Interior
Heating Central, Heat Pump
Cooling Central Air
Flooring Tile
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Garage Parking Lot
Pool None
Utilities Available Cable Connected, Other
Waterfront No
Roof Type Shingle
Parking Type Parking Lot
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Structure Type Frame,Stucco,Wood Siding
Others
Tax ID 06042601068710000
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Bought with COLDWELL BANKER VANGUARD REALTY