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Gelfand Realty Miami Properties - Multi Family

150 MARTIN LUTHER KING, WINTER HAVEN, FL 33880

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Multi Family - VAN FLEET COMPANYS SUB

150 MARTIN LUTHER KING, WINTER HAVEN, FL 33880

Date Sold 08-27-2021

Sold Price$495,000 Asking Price$499,999

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  • Days on market:

    23 day(s)

  • Original Price:

    $499,999

  • Price per sqft:

    $137.06

  • Tax Legal Description:

    VAN FLEET COMPANYS SUB PB 5 PG 43 BLK 5 LOTS 9 & 10 & N1/2 OF ST LYING S OF ABOVE LESS RD R/W PER OR 987-506 & LESS ADD R/W FOR AVE T

  • Tax Year:

    2020

  • Property Type:

    Multi Family

  • Construction Type:

    Block

  • Roof:

    Shingle

  • Cooling Description:

    Central Air

  • Heating Description:

    ElectricCentral

  • Exterior Features:

    Lighting

  • Special Listing Conditions:

    None

  • Lot Features:

    City Lot

Description

$499,999 • living size area 3648 sqft

Incoming producing property. tenants looking to stay opportunity to raise rents and cap rate. centrally located near downtown winter haven. property is mixed-use. retail store and 4 multifamily apartments. **** don't miss this opportunity to add this cash-flowing property to your portfolio. detached duplex 3 years old. convenient store two walk-in coolers. upstairs 2-2/1 apartments, fully occupied and all tenants are month to month. all tenants been there over 3 yrs. all leases will expire on july 31st. owner is working renewing leases, new lease terms will be for 12 months with the exception of 1 tenant which he is on a month to month for the duplex in back, and he will be moving out soon.

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