Photo 1 of 1
$1,255,000
Sold on 6/19/23
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
12 |
0.00 |
6,600 |
$10,825 |
1977 |
On the market:
80 days
|
View full details, 15 photos, school info, and price history
Highly profitable and extremely well-maintained multi-family income property located right off Manatee Ave West! The property is located in a very desirable area within walking distance to shops, restaurants, bus lines and close to the Gulf Beaches. This (2) building, (6) unit apartment complex with courtyard and private parking lot is an amazing opportunity for any investor ready to make a long-term profit instantly! Each unit is an 1100 Sq Ft, 2BR/2BA apartment with screened in lanai and separate washer/dryer room. All units are occupied and co-terminously leased with several tenants who have been leasing for 10+ years. Significant improvements have been made over the last few years, the property has had both roofs replaced, a new fence and almost all units have been renovated with new paint, new carpet, tile, fixtures, etc. In maintaining the property, we have provided all preventative maintenance, maintenance as needed and ongoing improvements over the years of ownership. This is a great property in an outstanding location with tenants that are long-term and reliable. The extreme rental supply shortage, coupled with the desirability of this property, is a fantastic opportunity! This positive cash flow investment, from day one of ownership, will sell quickly. As a "must see" income property that rarely comes along, don't delay and schedule a showing before an exceptional opportunity is sold! Sold "as is" with the right to inspect.
Listing courtesy of Moe Mossa, SAVVY AVENUE, LLC