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 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 & $850 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 $8345 per month & will increase to $8550 on July 1st, 2023. Cap rate is 5.6%. City water & sewer, no assessments. Property is right up the street from the Intercoastal. Possible Seller Financing with 40% Down
-
0BEDS
-
0.55ACRES
-
0BATHS
-
01/2 BATHS
-
3,714SQFT
-
$397$/SQFT
School Ratings & Info
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 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 & $850 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 $8345 per month & will increase to $8550 on July 1st, 2023. Cap rate is 5.6%. City water & sewer, no assessments. Property is right up the street from the Intercoastal. Possible Seller Financing with 40% Down
© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-06-08T16:10:16.383.
