Property Description

This income producing property includes 4 structures. 2 duplexes, all 1 bed, 1 bath. 1 single family cottage with 2 beds, 1 bath. 1 Triplex with a 1 bed, 1 bath unit and 2 efficiencies. The two duplexes are renting for $1075 to $1195/month and tenant pays the water, sewer, electric and cable. The single-family cottage is rented for $1495/month and tenant pays electric & cable, water & sewer. The triplex 2 efficiencies rent for $1000 & $1300/month, the 1 bed/1 bath unit pays $1300/month and owner pays water, sewer & electric (no cable). There is a separate laundry facility with a washer & dryer on the premise. Owner has a storage shed onsite for tools, lawn mower, etc. Property generates $9640.00/month Cap rate is 7.1 City water & sewer, no assessments. Property is right up the street from the Intercoastal.

Features
: None
: Wall/Window Unit(s)
: Storage
: Tile, Vinyl
: Ceiling Fans(s), Living Room/Dining Room Combo
: Common Area, Outside
: Public Sewer
: Electricity Connected, Public
Appliances
: Dryer, Refrigerator, Washer, Range
Address Map
US
FL
Charlotte
Englewood
GROVE CITY COVE
34224
MASSACHUSETTS
1994
AVENUE
W83° 40' 19.3''
N26° 54' 51.9''
Corner of Placida Rd and Massachusetts Ave
34224 - Englewood
RMF15
Additional Information
: Public
https://www.propertypanorama.com/instaview/stellar/A4617439
2024-09-04
8
: One
: Slab
: Stucco, Concrete
Financial
11512.41
Listing Information
252000357
258002687
Cash,Conventional,Private Financing Available
Canceled
2024-09-12T18:26:08Z
Stellar
: None
2024-09-12T18:24:40Z

Residential Income For Sale

1994 Massachusetts Ave, Englewood, Florida 34224

3,714
$1,350,000
Listing ID #A4617439
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A4617439
Price : $1,350,000
Square Footage : 3,714
Year Built : 1988
Lot Area : 0.55 Acre
Office Name : STARLINK REALTY
Agent Name : Kenneth Bracher
Property Sub Type : Multi-Family
Roof : Shingle, Metal
Listing Status : Canceled
Agent info
Contact Agent