$1,299,900
 $6,978 est/mo Sourced by Back At You

1994 Massachusetts Ave # 5 , ENGLEWOOD, FL 34224

ENGLEWOOD, FL 34224

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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 generates $9640 per 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 .0747. Property is right up the street from the Intercoastal.

Details

MLS#224070916
Listing TypeFor Sale
StyleTown House
Suite Number5
Sub-TypeResale
StatusActive
Year1988
Days On Site11
Listing Provided ByStarlink Realty, Inc | Kenneth Bracher

Features

Bed(s)7
Bath(s) 8 Total
Units8
ZoningRMF15
Acreage0.55
Water FrontYes

Market Activity 34224

MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the Naples Area Board of REALTORS.

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Listings Checked: 7 minutes ago
StateFL
CountyCharlotte
CityENGLEWOOD
Zip Code34224
AreaNOT APPLICABLE
Community NameNOT APPLICABLE
Listing VS Median (in NOT APPLICABLE)
Price:
$1,299,900
low | high
Med:
$368,900
100% of Average
On Site:
11
low | high
Med:
93.000000
11.827956989247% of Average
Sourced by Back At You
Listing Updated: August 28, 2024 at 7:25:25 PM PDT