$1,150,000 pending
1994 massachusetts avenue , englewood, FL 34224
| Beds 0 | Baths 0 | 3,714 Sqft | 0.55 Acres |
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Property Description
This income producing property includes 4 structures, 2 duplexes all 1 bed 1 bath, 1 single Family Cottage with 2 Bedrooms 1 Bath and a Triplex with two 1 bedroom 1 bath and an efficiency apt. The two duplexes and the 2-bedroom cottage the tenants pay their water, sewer and Electric. The triplex Owner pays water, sewer and electric. There is shared laundry room, Washer and Dryer for tenants use. Owner has a Storage Shed onsite for tools, lawnmower etc. Property generated $9640 a month in rent. City water, City Sewer all assessments paid. All exteriors of buildings have been painted in the last 12 months; All Apartment Rentals interiors have been painted in the last 12 months. Triplex has Metal Roof and new roll roof on the efficiency, 1 duplex and cottage have 5-year-old roof, the other duplex has 6.5-year-old roof. Cap Rate 8.44%. Property is right up the street from the Intercoastal. No Flooding!
General Information
Sale Price: $1,150,000
Price/SqFt: $310
Status: Pending
MLS#: A4621761
City: englewood
Post Office: englewood
County: Charlotte
Subdivision: grove city cove
Acres: 0.55
Bedrooms:0
Bathrooms:0
House Size: 3,714 sq.ft.
Acreage: 0.55 est.
Year Built: 1988
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Paved
Garage: No
Construction: Block, Concrete, Stucco
Exterior Misc: Storage
Basement: No
Foundation : Slab
Appliances: Dryer, Range, Refrigerator, Washer
Cooling: Wall/Window Unit(s)
Heating: None
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $12,579
Legal Description: GCC 000 0000 0002 GROVE CITY COVE S1/2 LT2 & ALL LT 3 & 1/10 IN IN PARK AREA #1 AS PER PB2 PG 98 DC543/778 PR79-410 672/1319 749/1332 2507/1813 2685/304 4779/944
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Kenneth Bracher of STARLINK REALTY, Phone: 239-693-7263
