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1994 MASSACHUSETTS AVENUE

Multi-family Active With Contract
$1,150,000

BTC: 12.63525630

ETH: 342.64125758

-$150K (2024/10/15)
57 days
0 room(s)
3,714 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

This income producing property includes 4 structures, 2 duplexes all 1 bed 1 bath, 1 single Family Cottage with 2 Bedrooms 1 Bath and a Triplex with two 1 bedroom 1 bath and an efficiency apt. The two duplexes and the 2-bedroom cottage the tenants pay their water, sewer and Electric. The triplex Owner pays water, sewer and electric. There is shared laundry room, Washer and Dryer for tenants use. Owner has a Storage Shed onsite for tools, lawnmower etc. Property generated $9640 a month in rent. City water, City Sewer all assessments paid. All exteriors of buildings have been painted in the last 12 months; All Apartment Rentals interiors have been painted in the last 12 months. Triplex has Metal Roof and new roll roof on the efficiency, 1 duplex and cottage have 5-year-old roof, the other duplex has 6.5-year-old roof. Cap Rate 8.44%. Property is right up the street from the Intercoastal. No Flooding!

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1988
Lot:
0.55 Acres
Heating:
None
Price/sqft:
$310
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    • Vinyl

    Heating

    • None

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Dryer

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ninguno

  • Property

    • Exterior Features: Storage

    Lot

    • Lot: 0.55 Acres

    Other Property Information

    • Parcel Number: 412017206011

    • Zoning: RMF15

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $12,579

  • Source details

    • MLS ID: A4621761

    Other facts

    • Construction Materials: Block / Concrete / Stucco

    • Foundation Details: Slab

    • Laundry Features: Common Area

    • Lot Features: Corner Lot

    • Living Area: 3714

    • Water Source: Public

    • Subdivision Name: GROVE CITY COVE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: STARLINK REALTY