$474,000 • living size area 2391 sqft

Serious buyers: do initial drive by. interior previews by 15 minute appointment only with list agent this monday april 26th between 11am and 1pm only. schedule your private tour in advance. no walk-ups as a courtesy to the tenants. with apologies, interior photos provided by seller were not compatible with mls so no interior photos until monday when full access is obtained. interior pictures will be uploaded monday afternoon. seller will review any offers on tuesday april 27th and respond by no later than april 28th. seminole heights multi-family property in quiet residential neighborhood with front and rear access points! 4 units on oversized 55 x 132 lot just off historic central avenue. the property is surrounded by single-family homes providing it a unique upside over time. the property has two structures. the main wood frame structure contains three units which are all rented. the entire first floor is a 3/1 (approx. 1000 sf) unit with private laundry. upstairs are two 1/1 units (approx. 600 sf. each) and then detached is a concrete block studio unit used as an airbnb (approx. 300 sf.). the 1/1's and the airbnb share laundry facilities in the on-site storage shed. predominantly vinyl plank flooring, window units, with gas available on-site. all units are currently leased with a gross annual income of approx.$45,900 and annual expenses of approx. $12,180 representing an approximate 7 cap return with room to improve current expenses. roof is older but water tight, some electrical and plumbing have been updated over time, and a/c is window units.

Multi Family - KNOLLWOOD REV MAP OF BLK

Basics

Features

Description

Similar Properties in this Area