$2,295,000
Active
61 Days Online
28 Beds20 Baths0 SQFT
Active

227 S Orange Street Sebring, FL 33870

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8 Cap 12 UNIT EXPERIENCED RENTAL PORTFOLIO! This exceptional investment opportunity is strategically located throughout Highlands County, offering proximity to the Sebring Racetrack and scenic lakes perfect for boating and fishing. The property benefits from an HGTV-style makeover in downtown Sebring and is just one hour from major cities, providing a unique blend of convenience and charm. Key features of this portfolio are 9 individual parcels comprising 12 rental units (17, 430 Total SF Leased), NO flood insurance required, 100% occupancy with no vacancy, Monthly rental income of $17, 075 and Net Operating Income: $183, 523.52. Most tenants are responsible for their utilities. The owner pays for water and landscaping at the triplex on Orange St. and landscaping at the memorial. All units are currently leased with tenants willing to renew at higher rates, ensuring promising rent growth and appreciation in Highlands County, FL. Note: No showings without an executed contract. Please do not disturb tenants. Seize this unparalleled investment with stable income and significant growth potential in a thriving community.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyHighlands
  • Taxes$21,376
  • HOA/Condo/Coop Fees$0
  • Days on Site60 Days
  • MLS StatusActive
  • MLS ID Number306505
  • Home Size Source N/A
  • Year Built1960
  • Lot Size2.2 Acres
  • Full Baths20
  • Partial BathsN/A

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General Features

  • Style One Story
  • Construction BlockConcrete
  • Sewer Public SewerNoneSeptic Tank
  • Number of Stories 11
  • Acreage 2.2
  • Water PublicPrivateWell
  • Zoning r3
  • Property Sub Type Apartment
  • Utilities Sewer Not Available

Interior Features

  • Cooling Central AirElectric
  • Heating CentralElectric
  • Flooring TileVinyl

Exterior Features

  • Roof MetalShingle
  • Pool Features None

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Monthly Payment (Est.)

$11,532
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