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1350 RIO DE JANEIRO AVENUE

Multi-family Recently Sold
$1,040,000

BTC: 11.18279570

ETH: 309.52380952

Sold on: 2022-01-07
35 days
0 room(s)
7,671 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

If your looking for a meticulous multifamily building, you have found it. Six separate apartments located on a gorgeous golf course with incredible views. Each apartment has its owner electric and water meter. The building has multiple updates, including several newer AC units, water heaters, a new exterior paint job and numerous interior upgrades. Each unit is spacious with open floor plans and large screened in porches overlooking the golf course. The owner has many long term tenants who are mostly on month to month lease agreements. This building should bring in a 6%-7% cap rate at today's expected rental rates. This well built building has attracted excellent tenants with no rental collection issues. The building is located near shopping and highways.

Location

Florida • PUNTA GORDA • 33983 • Multi-family • Recently Sold

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1986
Lot:
0.46 Acres
Heating:
Central
Price/sqft:
$156
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

  • Property

    • Exterior Features: Balcony

    Lot

    • Lot: 0.46 Acres

    Other Property Information

    • Parcel Number: 402309329008

    • Zoning: RMF15

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Sewer Connected

  • Other financial information

    • Annual tax amount: $12,184

  • Source details

    • MLS ID: A4513511

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Living Area: 7671

    • Water Source: Well

    • Subdivision Name: PUNTA GORDA ISLES SEC 23

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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: SANDERLING REAL ESTATE