Photo 1 of 1
$250,000
Sold on 2/02/09
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
1,436 |
$4,725 |
1958 |
On the market:
63 days
|
View full details, 15 photos, school info, and price history
ENGLEWOOD BEACH LOCATION,LOCATION,LOCATION for a great investment INCOME opportunity.... The (3) unit TRIPLEX is actually a duplex (2 units that include a 2bed/1bath & 1bed/1bath)......And a separate (1bed/1bath) Cottage just steps away from the Beach/Gulf of Mexico. The duplex can be converted back to a 3bed/2bath home if desireable. Many upgrades include new interior/exterior paint, tile flooring, updated kitchen, appliances & baths, 4 new wall A/C units, newer roofing, all units furnished; deeded beach access to Gulf...Unit #1 rents at $850 a month except in March & April when the income is $1,400 mo. During March & April the Unit #1 tenant moves in Unit #3 and pays $500 mo. for2 months. After the March & April tenants are out, then tenants move back into Unit #1; Unit #2 stays at $500mo. Unit #3 is available except during March & April; it should rent for $300 to $400 mo.. Seller is willing to lease back Unit #3 at $500 mo. The total gross income per month would be $1940 (minus management fees only) is $1750 net)....
Listing courtesy of Jesse Bryl