$172,999 • living size area 2573 sqft
Northwest villas | 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. year 1 cap rate of 9.28% projected with rent increases at renewal. cost analysis performed as rental property in: rent - $18,900.00 out: (annual) property taxes - $2,063.00 (annual) estimated insurance - $1,311.00 (annual) property management (optional) - $1,134.00 (annual) estimated utilities/lawn/misc. $840.00 total costs - $5,348.00 net: $13,552.00 earn: total yearly net equates to - $13,552.00 total monthly gross equates to - $1,575.00 highlights 100% occupied | solid, brick construction professionally managed room for rent growthMulti Family - FLORENCE CITRUS GROWERS ASSN SUB
140 AVE W NW, WINTER HAVEN, FL 33881Date Sold 09-13-2019
Sold Price$160,000 Asking Price$172,999
- Living 2573sqft
- Lot size 10890sqft
- Taxes: Register to see
- Year Built 1974
-
Days on market:
16 day(s) Original Price:
$172,999-
Price per sqft:
$67.24 Tax Legal Description:
FLORENCE CITRUS GROWERS ASSN SUB PB 6 PG 11 S16/17 T28 R26 BLK Q LOT 3Tax Year:
2018-
MLS:
O5798612 -
Property Type:
Multi Family -
Parking:
Off Street
Construction Type:
BrickRoof:
ShingleCooling Description:
Central AirHeating Description:
CentralExterior Features:
SidewalkSpecial Listing Conditions:
None
Description
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