1994 Massachusetts AVE #5 Pending

Englewood,FL 34224

$ 1150000

7 Beds

8 Baths

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 224070916

Style See Remarks

Bedrooms 7

Full Baths 8

Construction Status Resale

HOA Y/N No

Year Built 1988

Annual Tax Amount $12,578

Tax Year 2023

Lot Size 0.550 Acres

Acres 0.55

Lot Dimensions Appraiser

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

Community Not Applicable

Area Oa01 - Out Of Area

Rooms

Bedroom Description NaN

Interior

Heating None

Cooling Window Unit(s)

Flooring Tile, Vinyl

Fireplace No

Window Features Single Hung

Exterior

Exterior Feature Storage

Community Features Non- Gated

Utilities Available Cable Available

Amenities Available None

Waterfront Description None

Water Access Desc Public

Roof Type Metal, Shingle

Garage No

Private Pool No

Building

Lot Description Corner Lot

Dwelling Type Duplex

Sewer Public Sewer

Water Public

Architectural Style See Remarks

Structure Type Block,Concrete,Stucco

Construction Status Resale

Others

Pets Allowed Yes

Senior Community No

Tax ID 412017206011

Acceptable Financing All Financing Considered,Cash,Owner May Carry

Listing Terms All Financing Considered,Cash,Owner May Carry

Pets Allowed Yes

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