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Cooper HomeFront Realty
18545 Jay Avenue, Port Charlotte, FL 33948
- $249,000
- 5
- BD
- 3
- BA
- 1,735
- SqFt
- List Price
- $249,000
- Status
- Active
- Days on Market
- 15
- MLS#
- A4709563
- Property Style
- Single Family
- Year Built
- 1981
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 1,735
- Lot Size
- 10,000
- Acres
- 0.23
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Port Charlotte Sec 008
- Community Name
- Port Charlotte
- MLS Area Major
- Port Charlotte
Property Description
INVESTOR OPPORTUNITY! Currently generating $2,800/month in rental income—that's $33,600 annually! This spacious 5-bedroom, 3-bathroom pool home in Port Charlotte offers an attractive combination of existing rental income, extensive improvements, and long-term investment potential. Situated on an approximately 0.23-acre lot with a garage, the property has undergone substantial renovations, including many of the big-ticket improvements investors look for. Updates include new plumbing supply and drain lines, upgraded electrical with a 200-amp Square D panel, new HVAC system and ductwork, added wall and ceiling insulation, hurricane windows, and a new water heater. Inside, the home features new flooring throughout, updated doors and hardware, a remodeled kitchen with new cabinetry, countertops, and appliances, and renovated bathrooms with updated vanities, tubs, showers, and fixtures. The generous five-bedroom layout, additional bonus spaces, and private swimming pool provide desirable features for attracting and retaining tenants. The property does need a roof replacement and minor vinyl siding repairs in two areas, offering an opportunity for an investor to complete the remaining improvements while benefiting from the extensive renovations already completed. Conveniently located near shopping, dining, boating, fishing, golf, and Gulf Coast beaches, with easy access to Punta Gorda and surrounding communities. With $33,600 in annual gross rental income already in place, this is an opportunity to acquire an income-producing property without starting from scratch. Whether you're expanding an established rental portfolio or purchasing your first investment property, this one is worth a closer look. Schedule your private showing today!
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Additional Information
- Taxes
- $4099
- Minimum Lease
- 8-12 Months
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- RSF3.5
- Interior Layout
- Ceiling Fans(s), Walk-In Closet(s)
- Interior Features
- Ceiling Fans(s), Walk-In Closet(s)
- Floor
- Ceramic Tile
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Utilities
- Electricity Connected, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Vinyl Siding, Frame
- Exterior Features
- Lighting, Rain Gutters, Storage
- Roof
- Metal, Shingle
- Foundation
- Slab
- Pool
- Private
- Pool Type
- In Ground
- Flood Zone Code
- AE
- Parcel ID
- 402220354001
- Legal Description
- PCH 008 0219 0020 PORT CHARLOTTE SEC8 BLK219 LT 20 366/444 647/475 671/1756 1761/994 1962/71 CD2013/1666 CT3493/1886 3561/711 3645/867 4479/1859 4597/712 4723/1246
Listing courtesy of RE/MAX ALLIANCE GROUP. 941-954-5454
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Use the home valuation tool above for an initial estimate. If you're considering selling, Cooper HomeFront Realty can also provide a more detailed market analysis based on your specific property and current local market conditions.
Serving homeowners throughout Clermont, Minneola, Groveland, Winter Garden, Mascotte and surrounding Central Florida communities.
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