1994 Massachusetts Avenue #5

Englewood, FL 34224

  • 7 Bed(s)
  • 8 Bath(s)
  • 0 Sqft
  • 0.55
    Acre(Lot)
$1,299,900

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 generates $9640 per 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 .0747. property is right up the street from the intercoastal.

  • Property Type

    Residential Income
  • Subdivision

    Not Applicable
  • County

    Charlotte
  • Style

    Duplex
  • AD ID

    46765835

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BuyOwner last updated this listing 01/18/2025 @ 06:05

  • MLS: 224070916
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: SWFL

is a Home, with 7 bedrooms which is for sale, it has 0 sqft, 1 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Englewood , in zip code 34224, this Charlotte County Home , it is in the NOT APPLICABLE Subdivision, and are nearby neighborhoods.