1994 Massachusetts Avenue #5Englewood, FL 34224
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 TypeMulti-Family
- NeighborhoodN/A
- CountyCharlotte
- Taxes$12,578
- HOA/Condo/Coop Fees$0
- Days on Site31 Days
- MLS StatusActive
- MLS ID Number224070916
- Home Size Source N/A
- Year Built1988
- Lot Size0.55 Acres
- Full Baths8
- Partial BathsN/A
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General Features
- Style See Remarks
- Construction BlockConcreteStucco
- Sewer Public Sewer
- Acreage 0.55
- Water Public
- Zoning RMF15
- Property Sub Type Duplex
- Utilities Cable Available
Interior Features
- Cooling Window Units
- Heating None
- Flooring TileVinyl
- Window Features Single Hung
Exterior Features
- Roof MetalShingle
- Spa No
- Waterfront Property No
- Waterfront Features None
- Exterior Storage
- Lot Corner Lot
Community Features
- Association Dues 0
- Association Amenities None
- Pets Yes
- Community Features Non Gated
- MLS Area OA01 - Out of Area