Photo 1 of 25
$1,500,000
Sold on 6/18/18
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
23 |
18.00 |
0 |
$1,703 |
1968 |
On the market:
368 days
|
View full details, 15 photos, school info, and price history
This listing is for 9 duplexes for a total of 18 units. 5 of the duplexes (10 units) are located on a gulf access canal and the other 4 duplexes (8 units) have access to a private boat ramp. Conveniently located near Old US41 and US 41. There are five 2 bedrooms and 2 baths and the remaining 13 duplexes offer 1 bedroom, one bath. The gross rents of $158,700 includes a few newly negotiated rates with existing tenants to take place in near future. These duplexes not only offer gulf access boating but are in very good condition with stable tenants. Most have newer roofs and ACs. Analysis will show rents are below market for these units offering the new owner to improve their ROI. They sit on large lots offer nice yards mature trees and a great location. Sold As_Is with right to inspect
Listing courtesy of Barry DeNicola