1994 Massachusetts AVE #5 Active Save Request In-Person Tour Request Virtual Tour
Englewood,FL 34224
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224070916
Bedrooms 7
Full Baths 8
Year Built 1988
Annual Tax Amount $12,578
Tax Year 2023
Lot Size 0.550 Acres
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 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 8.44%. Property is right up the street from the Intercoastal. No flooding!
Location
State FL
County Charlotte
Area Not Applicable
Zoning RMF15
Interior
Heating None
Flooring Tile,Vinyl
Exterior
Exterior Feature Storage
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Metal,Shingle
Building
Lot Description Corner Lot
Water Central
Structure Type Concrete Block,Stucco
New Construction No