Kirsten Palumbo
Price Reduced 11.53%
Price History
$1,299,900
8/28/2024
$1,150,000
10/15/2024
1994 Massachusetts AVENUE, Englewood, FL, 34224
0 beds
1988
3,714 sqft
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!
Status:
Pending
Type:
Multi-family
Laundry Remarks:
Common Area
Units:
8
Subdivision:
GROVE CITY COVE
Heating:
None
Cooling:
Wall/Window Unit(s)
Acreage:
0.55
Est. Taxes:
$12,579
Construction
Block, Concrete, Stucco
Utilities
Public
Lot Description:
Corner Lot
Days on Market:
57
Pet Policy:
Yes
Appliances:
Dryer, Range, Refrigerator, Washer
Min Lease Term:
No Minimum
MLS #:
A4621761
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of STARLINK REALTY Phone: 239-693-7263