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Gelfand Realty Miami Properties - Multi Family

140 AVE W NW, WINTER HAVEN, FL 33881

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Multi Family - FLORENCE CITRUS GROWERS ASSN SUB

140 AVE W NW, WINTER HAVEN, FL 33881

Date Sold 06-18-2018

Sold Price$150,000 Asking Price$159,900

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  • Days on market:

    22 day(s)

  • Original Price:

    $159,900

  • Price per sqft:

    $62.15

  • Tax Legal Description:

    FLORENCE CITRUS GROWERS ASSN SUB PB 6 PG 11 S16/17 T28 R26 BLK Q LOT 3

  • Tax Year:

    2017

  • Property Type:

    Multi Family

  • Elementary School:

    Walter Caldwell Elem

  • Middle School:

    Lake Alfred-Addair Middle

  • Senior High School:

    Lake Region High

  • Lease Term Remaining:

    12 Months

  • Construction Type:

    Brick

  • Cooling Description:

    Central Air

  • Heating Description:

    Central

  • Exterior Features:

    Other

  • Special Listing Conditions:

    None

Description

$159,900 • living size area 2573 sqft

Brick triplex built in 1974. 100% leased and managed by professional management firm. each unit leased at $525 per month with room for growth to $599/unit/month. tenants pay all utilities. located in gateway market with strong demographics and demand drivers to tampa and orlando . cost analysis performed as rental property in: rent - $18,900.00 out: (annual) property taxes - $1,036.00 (annual) estimated insurance - $1,149.00 (annual) property management (optional) - $1,512.00 (annual) estimated utilities/lawn/misc. $900.00 total costs - $4,597.00 net: $14,303.00 earn: total yearly net equates to - $14,303.00 total monthly gross equates to - $1,575.00

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