1994 Massachusetts Avenue, Englewood, FL 34224
- $1,020,000
- 3,714
- SqFt
- Sold Price
- $1,020,000
- List Price
- $1,150,000
- Status
- Sold
- Days on Market
- 57
- Closing Date
- Dec 13, 2024
- MLS#
- A4621761
- Property Style
- Multi-Family
- Year Built
- 1988
- Living Area
- 3,714
- Lot Size
- 24,135
- Acres
- 0.55
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- Grove City Cove
- Community Name
- Grove City Cove
- MLS Area Major
- Englewood
Property Description
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 generated $9640 a 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!
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Additional Information
- Taxes
- $12578
- Minimum Lease
- No Minimum
- Annual Gross Income
- 115680
- Location
- Corner Lot
- Community Features
- No Deed Restriction
- Zoning
- RMF15
- Interior Layout
- Ninguno
- Interior Features
- Ninguno
- Floor
- Tile, Vinyl
- Appliances
- Dryer, Range, Refrigerator, Washer
- Utilities
- Public
- Heating
- None
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Block, Concrete, Stucco
- Exterior Features
- Storage
- Roof
- Metal, Shingle
- Foundation
- Slab
- Pool
- No Pool
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 412017206011
- Legal Description
- GCC 000 0000 0002 GROVE CITY COVE S1/2 LT2 & ALL LT 3 & 1/10 IN IN PARK AREA #1 AS PER PB2 PG 98 DC543/778 PR79-410 672/1319 749/1332 2507/1813 2685/304 4779/944
Listing courtesy of STARLINK REALTY. 239-693-7263
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