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Gelfand Realty Miami Properties - Multi Family

55 W FRAY, ENGLEWOOD, FL 34223

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Multi Family - GOULDS ADD

55 W FRAY, ENGLEWOOD, FL 34223

Sold Price$370,000 Asking Price$439,000

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  • Days on market:

    75 day(s)
  • Original Price:

    $339,000
  • Price per sqft:

    $123.59
  • Tax Legal Description:

    LOTS 7 & 8 BLK 2 GOULDS ADD SUB OF LOT 92 PLAT OF ENGLEWOOD
  • Tax Year:

    2014
  • Property Type:

    Multi Family
  • Parking:

    None Covered
  • Construction Type:

    Block
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    CarpetVinylCeramic Tile
  • Interior Features:

    Eating Space In Kitchen
  • Equipment/Appliances:

    Refrigerator Range Range Hood
  • Special Listing Conditions:

    None
  • Lot Features:

    Near Public Transit

Description

$439,000 • living size area 3552 sqft

Not a short sale or reo* 8 units total. being sold together with 45 w fray st. 4 duplex buildings. also being sold with 45 w fray st 0503080036, 45 w fray st(2) 0503080037 turn key opportunity - 7 of 8 occupied. one turn key unit vacant for showing. professionally managed. single story garden-style apartment complex. property consists of (8) 1/1 units split between four duplex buildings each with dedicated electric and water meters. each unit has its own covered carport parking. occupancy status: (4) occupied at $550 (3) occupied at $650 (1) unit. breakdown at 100% occupancy at market rent of $650. rents in: $62400 (yr) expense out: tax: 6098, insurance: 3400 (no flood), management: 6240 (10%-optional) vacancy/repair: 3120(5%) net: $43,542(yr) *property occupied*

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