633 E Venice Ave., Venice, FL 34285

633 E Venice Ave., Venice, FL 34285
Photo 1 of 1
$290,000
Sold on 1/06/17
Beds Baths Sq. Ft. Taxes Built
0.00 3,000 $1,640 1926
On the market: 119 days
View full details, 15 photos, school info, and price history
Rare 3 unit investment property to add to or start a real estate portfolio. Minutes to The Isle of Venice, the beaches and I-75. 

1,500 sq. ft. Retail space on the ground floor, is currently rented at $1,100/mo plus electric and water. Two 1 BR apartments each are fully furnished and rented currently at $800 for the front apartment, and $700 for the rear apartment plus tenant pays for electric, cable and water each month for each unit. Total annual projected revenue is $31,200.

Total Annual Expense: Wind/hurricane Insurance $1,301, Property Insurance $1,638, Real Estate Taxes $1,640, Average Maintenance $1,500. Total = $6,079. 

Opportunity to own an investment property in one of Southwest Florida’s hottest areas!
Listing courtesy of Honesty Mantkowski, COLDWELL BANKER REALTY