1994 Massachusetts Ave. #5, Englewood, FL 34224

1994 Massachusetts Ave. #5, Englewood, FL 34224
Photo 1 of 46
$1,150,000
Beds Baths Sq. Ft. Taxes Built
7 8.00 0 $12,579 1988
On the market: 87 days

Est. Monthly Payment:

$7,624($6,576 + $1,048 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
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!
Listing courtesy of Kenneth Bracher, Starlink Realty, Inc