1303 South Border Avenue, Unit A & B

Inverness, FL 34452

$260,000
Last Sold Price
Beds
1,630 Sq. Ft.
$160 / Sq. Ft.
1,630
Sq. Ft.
$160
per Sq. Ft.

Description

An incredible TURNKEY investment opportunity within the City of Inverness. This duplex has long term tenants with strong references promising instant cashflow. Each unit has two bedrooms and one bathroom. Property is currently on well and septic and neighboring other multifamily properties. Recent updates include an AC change out in 2018 and a reroof in 2022. Property also has a small side and back yard along with an attached parking lot for tenants. Location location location. Conveniently located...An incredible TURNKEY investment opportunity within the City of Inverness. This duplex has long term tenants with strong references promising instant cashflow. Each unit has two bedrooms and one bathroom. Property is currently on well and septic and neighboring other multifamily properties. Recent updates include an AC change out in 2018 and a reroof in 2022. Property also has a small side and back yard along with an attached parking lot for tenants. Location location location. Conveniently located minutes from down town inverness for all your needs, entertainments, and opportunities. This is a solid unit with a steady production history. Also see listing OM682796 for two adjacent lot purchases.
  1. Listed by Michael Buteau, Jr • LPT REALTY

Property Details for 1303 South Border Avenue, Unit A & B

Subdivision Name
INVERNESS VILLAGE UNIT 03
Township
19S
Waterfront
No
LISTING UPDATED: 10/01/2024 12:46 PM

Property Details for 1303 South Border Avenue, Unit A & B

StatusSold
MLS #OM682926
Days on Market53
Taxes$2,382 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1984
Lot Size0.22 AC / 9,670 SF
CountyCitrus County

Building Information for 1303 South Border Avenue, Unit A & B

Stories-Residences2Year Built1984Building Size-Lot Size0.22 AC / 9,670 SF

Property Information for 1303 South Border Avenue, Unit A & B

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1762.0
  • Building Area Units: Square Feet
  • Directions: From East Gulf to Lake Hwy turn right on Crystal Blvd; then follow into curve of S Border Ave; property is on left.
  • Elementary School: Pleasant Grove Elementary School
  • Middle Or Junior School: Inverness Middle School
  • High School: Citrus High School
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1303
  • Street Direction Prefix: S
  • Street Name: BORDER
  • Street Suffix: AVENUE
  • Unit Number: A & B
  • State: FL
  • City: INVERNESS
Parking
  • Carport: No
  • Garage: No
  • Parking Features: Ground Level, Open
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 5
  • Tax Book Number: 6-26
  • Tax Legal Description: INVERNESS VLG PB 6 PG 26 LOT 1 LESS N 50 FT BLK 5
  • Tax Lot: 1
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 75x129
  • Parcel Number: 19E-19S-13-0030-00050-0010
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: LD
  • Living Area: 1630
  • Lot Dimensions: 75x129
Property and Assessments
  • Year Built Numeric: 1984
  • Flood Zone Code: X, AE
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 19E
  • Public Survey Section: 13
Utilities
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete, Stucco
  • Exterior Features: Other, Private Mailbox
  • Foundation Details: Slab
  • Levels: One
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Appliances: Convection Oven, Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Heating: Central, Electric
  • Interior Features: Living Room/Dining Room Combo, Ninguno
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $5,160
  • Annual Net Income: $21,240.00
  • Gross Income: $26,400
  • Total Monthly Expenses: $430
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Heated Sq Ft 1: 815
  • Unit Type Number Of Units Occupied 1: 1
  • Unit Type Pro Forma 1: 1100
  • Unit Type Type 1: 2 Bed/1 Bath
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Heated Sq Ft 2: 815
  • Unit Type Number Of Units Occupied 2: 1
  • Unit Type Pro Forma 2: 1100
  • Unit Type Type 2: 2 Bed/1 Bath
Rental
Rental Information
  • Tenant Pays: Electricity, Trash Collection
  • Total Actual Rent: $2,200

Property History for 1303 South Border Avenue, Unit A & B

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1303 South Border Avenue, Unit A & B

This home is within Citrus.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LPT REALTY, Michael Buteau, Jr

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 10/01/2024 12:46 PM