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 effeciences. The two duplexes are renting for $1075 to $1150 per month and tenant pays the water, sewer, electric and cable. The single family cottage is rented for $1575 per month and tenant pays electric & cable, owner pays water & sewer. The triplex 2 effeciences rent for $1000 & $1200 per month, the 1 bed/1 bath unit pays $1020 per 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 $ per month Cap rate is 7.1 City water & sewer, no assessments. Property is right up the street from the Intercoastal. Possible Seller Financing with 35% Down.

Features
: None
: Wall/Window Unit(s)
: Storage
: Tile, Vinyl
: Ceiling Fans(s), Living Room/Dining Room Combo
: 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/A4565971
1399900
2023-04-05
8
: One
: Slab
: Stucco, Concrete
Financial
11512.41
Listing Information
252000357
258002687
Cash,Conventional,Private Financing Available
Expired
2023-10-03T04:12:09Z
Stellar
: None
2023-10-03T04:10:21Z

Residential Income For Sale

1994 Massachusetts Avenue, Englewood, Florida 34224

3,714
$1,299,900
Listing ID #A4565971
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A4565971
Price : $1,299,900
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 : Expired
Agent info
Contact Agent