FL > Englewood
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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Jacob Stoutenburgh Cape Coral, Fl.

Jacob Stoutenburgh Cape Coral, Fl.

+1(239) 745-5333
$1,150,000
Est. payment /mo
7 Beds
8 Baths
0.55 Acres Lot
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UPDATED:

10/26/2024 05:19 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 224070916

Style See Remarks

Bedrooms 7

Full Baths 8

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 Oa01 - Out Of Area

Zoning RMF15

Interior

Heating None

Cooling Window Unit(s)

Flooring Tile, Vinyl

Window Features Single Hung

Exterior

Exterior Feature Storage

Community Features None, Non-Gated

Utilities Available Cable Available

Waterfront No

Waterfront Description None

Roof Type Metal,Shingle

Private Pool No

Building

Lot Description Corner Lot

Sewer Central

Water Central

Architectural Style See Remarks

Structure Type Concrete Block,Stucco

New Construction No

Others

Tax ID 412017206011

Acceptable Financing Buyer Finance/Cash, Owner Will Carry

Listing Terms Buyer Finance/Cash, Owner Will Carry

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Listed by Starlink Realty, Inc • Kenneth Bracher
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Jacob Stoutenburgh Cape Coral, Fl.

+1(239) 745-5333

Broker Associate | License ID: F3302143

Broker Associate License ID: F3302143

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