INVESTOR DELIGHT! What a great opportunity to invest in a deal that yields two rent ready properties for either separate tenants or market the home to a multi-generational family. Main Home is 1000 sq ft and Efficiency is 344, total 1,344 sf heated! This block home is currently selling below 40K and at 29psf. Avg Rent = Combined 1000/mo. Gross Rent ROI = 25.53%. This great investment opportunity allows for immediate cash flow. This deal represents the perfect opportunity for rent ready cash flow with lots of equity still sitting in the bank. Property Features include; a well-preserved kitchen with appliances in both units, Newer Carpet, ceramic, wood laminate and fresh paint throughout, New Roof and New Septic system/drain field. There is a Fireplace in the main house. Inside Laundry with washer and dryer included. Nice fenced in yard with ample parking. This property is certain to sell quickly!
Single-familyProperty Type
1972Year Built
6,640 sq ftLot Size
$76Est. Price/Sq.Ft.
Listed by Tony Samaniego• CENTURY 21 STONEBRIDGE REAL E
Listed by Derek Hovey• CENTURY 21 STONEBRIDGE REAL E
Contact: 407-613-2080
Bought with Natalie Carmichael• RE/MAX ALLIANCE GROUP
Fenced in plus a guest house. Main house was renovated with a new drain field, carpeting, paint, hot water tank, light fixtures, toilets, walls, electrical, added closets, plumbing, well tank and ceiling fans. Family room as a fireplace. large kitchen with stainless appliances and new back splash. Laminate flooring in several areas. Inside utility room. There are two bedrooms & den in main house with one 1 full bath with tub. The detached building has a small kitchen area and full bath.
Stellar MLS as Distributed by MLS Grid #G4820582
Feb 1, 2016
Listing Removed
—
Stellar MLS as Distributed by MLS Grid #G4802951
Oct 30, 2015
Listing Removed
—
Jun 30, 2015
Listing Removed
—
Dec 31, 2014
Listing Removed
—
Stellar MLS as Distributed by MLS Grid #V4646981
Aug 26, 2014
Listing Removed
—
Jun 10, 2014
Listing Removed
—
Public Records
Feb 1, 1980
Sold
$10,000
$7/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,719 (+0.8%)
$4,240 + $65,341
$69,581
2024
$1,706 (+17.9%)
$4,240 + $65,438
$69,678
2023
$1,447 (+17.8%)
2022
$1,228 (+12.4%)
2021
$1,093 (−5.4%)
$4,240 + $46,355
$50,595
2020
$1,155 (+1.1%)
$4,240 + $46,381
$50,621
2019
$1,142 (+2.4%)
$4,240 + $44,979
$49,219
2018
$1,116 (+10.2%)
$4,240 + $44,979
$49,219
2017
$1,013 (−1.4%)
$4,278 + $40,476
$44,754
2016
$1,027 (−1.2%)
$4,278 + $40,495
$44,773
2015
$1,039 (−10.5%)
$4,278 + $39,734
$44,012
2014
$1,161 (+16.0%)
2013
$1,001 (+55.8%)
2012
$642
Tax history for 40650 Country Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,719 (+0.8%)
$4,240 + $65,341
$69,581
2024
$1,706 (+17.9%)
$4,240 + $65,438
$69,678
2023
$1,447 (+17.8%)
2022
$1,228 (+12.4%)
2021
$1,093 (−5.4%)
$4,240 + $46,355
$50,595
2020
$1,155 (+1.1%)
$4,240 + $46,381
$50,621
2019
$1,142 (+2.4%)
$4,240 + $44,979
$49,219
2018
$1,116 (+10.2%)
$4,240 + $44,979
$49,219
2017
$1,013 (−1.4%)
$4,278 + $40,476
$44,754
2016
$1,027 (−1.2%)
$4,278 + $40,495
$44,773
2015
$1,039 (−10.5%)
$4,278 + $39,734
$44,012
2014
$1,161 (+16.0%)
2013
$1,001 (+55.8%)
2012
$642
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
6,640 Sq. Ft.
Year renovated
1990
Sq. Ft.
1,344
Year built
1972
Style
Single Family Residential
County
Lake County
APN
09-18-29-0100-000-00900
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 15, 2026.
Property details
Parking
Parking Information
Parking Features: None, Other
Interior
Virtual Tour
Bedroom Information
# of Bedrooms: 3
Bathroom Information
# of Full Baths (Total): 2
Other Rooms Information
Additional Rooms: Den/Library/Office,Interior In-Law Suite