Home For Sale

Picture of Home For Sale in Englewood, Florida, United States

$1,299,900

1994 Massachusetts Ave
Englewood, Florida, United States

8bd 8ba

Listed By: Realtyww Info

Listed On: 08/30/2024

Listing ID: GL11373956 View More Details

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 generated $9640 a 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.

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Listed by: Kenneth Bracher