13 Louisiana Avenue
SAINT CLOUD, FL 34769
- 9 beds
- 4 baths
- 3,848 sqft
- 14,462 sqft lot
- $205 per sqft
- 1981 build
- – on site
More homes
Back on the market! Here is a rare chance to own one of the few 4-plex, multifamily properties steps from the East Lake Tohopekaliga (Lake Toho) waterfront! This hidden gem is a single building comprised of (3) 2-bedroom, 1-bath units, and (1) 3-bedroom, 1-bath unit; it has a common-area lobby and laundry all under one roof. Lower units each have access to a covered patio, while the two upper units enjoy screened porches. All units are separately metered, have assigned parking and their own mailbox. Unit 15 is vacant and has new paint, brand new AC (inside & out) and new water heater. In 2022, Unit 19 received a new fridge and Unit 13 has a new range. The parking area received a facelift in 2022. Inspection report available. Building has a shared laundry room, equipped with a coin-operated washer and dryer (leased), which strategically offsets the common area utility costs. The laundry is separately metered and has a utility sink and dedicated folding area; and, a new water heater was installed last year. Three of the units are occupied by long-term tenants so rents are currently below market. Two units are on a mo-to-mo lease with new rents effective 1 Dec and third unit rent goes up 1 Jan (also converts to mo-to-mo); this will bring the new rent minimum to $63600/mo (with vacant unit renting for $1500/mo). Investors may want to consider making at least one of the units a STR since the area and numbers do support it. Location is one of the under-estimated features of this property. Not only is the building steps away from Lakeshore Blvd and all it's amenities (walking/biking trail, picnic areas, public parking, playground, splash pad, public restrooms, public beach and boat launch, etc), it's a 5-10 min drive to the hospital, grocery stores, shopping, restaurants, Saint Cloud High, 58-acre Peghorn Nature Park & trails, Extreme Sports skate park, and more! Roof will be needed - Seller may be willing to work out something as/if needed in terms of timing or inclusion into a deal. Assignable offers will not be entertained. Out of respect for both tenants and property, do not stop, disturb or go on the property without prior arrangement. Seller financing is available with the right terms no more than 5 years.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Dec 20, 2023
•
MLS# O6133357 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/20/23
Dec 20, 2023
|
Sold | STELLAR_MLS | $790,000 | -2.5% |
|
12/13/23
Dec 13, 2023
|
Pending | STELLAR_MLS | $810,000 | |
|
12/12/23
Dec 12, 2023
|
Relisted | STELLAR_MLS | $810,000 |