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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 34224,1994 Massachusetts AVE #5
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$ 1,150,000
Est. payment | /mo

7 Beds

8 Baths

0.55 Acres Lot


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$ 1,150,000
Est. payment | /mo
Save

7 Beds

8 Baths

0.55 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 224070916

Bedrooms 7

Full Baths 8

HOA Y/N Yes

Originating Board Florida Gulf Coast

Year Built 1988

Annual Tax Amount $12,578

Tax Year 2023

Lot Size 0.550 Acres

Acres 0.55

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 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 8.44%. Property is right up the street from the Intercoastal. No flooding!

Location

State FL

County Charlotte

Area Not Applicable

Zoning RMF15

Interior

Heating None

Flooring Tile, Vinyl

Fireplace No

Heat Source None

Exterior

Exterior Feature Storage

Amenities Available None

Waterfront Description None

Roof Type Metal,Shingle

Garage No

Private Pool No

Building

Lot Description Corner Lot

Water Central

Architectural Style Duplex

Structure Type Concrete Block,Stucco

New Construction No

Others

Pets Allowed Yes

Senior Community No

Tax ID 412017206011

SouthWest Florida Naples MLS (NABOR)
Listed by Starlink Realty, Inc • Kenneth Bracher

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1994 Massachusetts AVE #5