1994 Massachusetts AVE #5, Englewood, FL 34224
1994 Massachusetts AVE #5, Englewood, FL 34224
1994 Massachusetts AVE #5, Englewood, FL 34224
1994 Massachusetts AVE #5, Englewood, FL 34224
1994 Massachusetts AVE #5, Englewood, FL 34224
1994 Massachusetts AVE #5, Englewood, FL 34224
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Heidi Benitez Zuniga

Heidi Benitez Zuniga

+1(239) 634-3955
$ 1,299,900
Est. payment | /mo

9 Beds

8 Baths

0.57 Acres Lot

Save
$ 1,299,900
Est. payment | /mo
Save

9 Beds

8 Baths

0.57 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Not Applicable

MLS Listing ID 223025754

Bedrooms 9

Full Baths 8

Construction Status Resale Property

Year Built 1988

Annual Tax Amount $11,512

Tax Year 2022

Lot Size 0.570 Acres

Property Sub-Type Duplex

Property Description

This income producing property includes 4 structures on this property. 2 duplexes, all 1 bed, 1 bath. 1 single family cottage with 2 beds, 1 bath. 1 Triplex with a 1 bed, 1 bath unit and 2 effeciences. The two duplexes are renting for $1075 to $1125 per month and tenant pays the water, sewer, electric and cable. The single family cottage is rented for $1375 per month and tenant pays electric & cable, owner pays water & sewer. The triplex 2 effeciences rent for $800 & $975 per month, the 1 bed/1 bath unit pays $1020 per month and owner pays water, sewer & electric (no cable). There is a separate laundry facilitywith a washer & dryer on the premise. Owner has a storage shed onsit for tools, lawn mower, etc. Property generates $8520 per month & will increase to $8870 on August 1st, 2023. 6.75 % Cap rate. City water & sewer, no assessments. Property is right up the street from the Intercoastal. Possible Seller Financing with 30% Down

Location

State FL

County Charlotte

Community Not Applicable

Area Oa01 - Out Of Area

Zoning RMF15

Interior

Heating None

Cooling Window Unit

Flooring Tile, Vinyl

Exterior

Exterior Feature Storage

Community Features Non-Gated

Amenities Available None

Waterfront Description None

Roof Type Metal,Shingle

Private Pool No

Building

Lot Description Corner

Building Description Stucco, See Remarks

Foundation Concrete Block

Sewer Central

Water Central

Structure Type Stucco

Construction Status Resale Property

Others

Pets Allowed No Approval Needed

Acceptable Financing Buyer Finance/Cash, Consider 1st Mortgage, Seller Financing

Listing Terms Buyer Finance/Cash, Consider 1st Mortgage, Seller Financing

Pets Allowed No Approval Needed

Listed by Starlink Realty, Inc

Schools and Properties Nearby

Heidi Benitez Zuniga

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(239) 634-3955

heidibz@hbzrealty.com

Learn More About LPT Realty

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Heidi Benitez Zuniga, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Tour the Home

1994 Massachusetts AVE #5