198 Lake Arbor Drive, Palm Springs, FL 33461
- $319,999
- 2
- BD
- 2
- BA
- 1,232
- SqFt
- List Price
- $319,999
- MLS#
- B26013829
- Status
- ACTIVE
- Type
- Townhome
- Bedrooms
- 2
- Full baths
- 2
- Living Area
- 1,232
Property Description
Turnkey investment opportunity with immediate rental income! This updated 2-bed, 2-bath townhome is tenant-occupied, offering instant cash flow from day one. Major capital improvements have already been completed, including a new roof, AC system, electric panel, flooring, fresh interior paint, and renovated bathrooms—minimizing future maintenance costs for investors. The upgraded kitchen features white shaker cabinetry, butcher block countertops, and stainless steel appliances, adding strong tenant appeal. Additional highlights include low HOA fees, accordion hurricane shutters for storm protection, a fenced front patio & two assigned parking spaces. Ideal for investors seeking a stabilized, income-producing property with strong rental appeal and minimal deferred maintenance.
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Additional Information
- Days on Market
- 111
- Interior Features
- Pantry, Storage
- Tax Amount
- $2,389
- Parcel Number
- 70434417540021980
- Bedroom Description
- Primary Bedroom Upstairs
- Front Exposure
- South
- Exterior Features
- Open Balcony
- Association Fee
- $283
- Parking Restrictions
- 2 Or More Spaces, Assigned, Guest, No Boats, No Rv/Boats
- Pet Restrictions
- Yes
- Pets Allowed
- Yes
- Elementary School
- Meadow Park
- SqFt Liv Area
- 1,232
- Year Built
- 1978
- Style
- Townhouse
- Restrictions
- No Trucks/Rv'S
- Development Name
- Lakewood Of Palm Springs
- Middle School
- Conniston
- Senior High School
- Forest Hill Community
- Construction Type
- Brick, CBS Construction, Stucco
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Listing Courtesy of Gobin & Co., LLC., Contact: