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227 S Orange St, Sebring FL 33870

Multi-family For Sale
$2,295,000

BTC: 23.11178248

ETH: 703.85602694

-$205K (2024/08/26)
133 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

8 CAP 12 UNIT RENTAL PORTFOLIO! This exceptional investment opportunity is located throughout Highlands County, offering proximity to the Sebring Racetrack and scenic lakes perfect for boating and fishing. The property benefits from an HGTV-style makeover in downtown Sebring and is just one hour from major cities, providing a unique blend of convenience and charm. Key features of this portfolio are 9 individual parcels comprising 12 rental units (15,684 Total SF Leased), NO flood insurance required, 100% occupancy with no vacancy, Monthly rental income of $17,075 and Net Operating Income: $183,524. Seize this unparalleled investment with stable income and significant growth potential in a thriving community.

Location

Florida • Sebring • 33870 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1960
Lot:
No Data
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Tile

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: S-29-34-29-040-0560-0160

    • Zoning: r3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Other financial information

    • Annual tax amount: $21,376

  • Source details

    • MLS ID: A11622220

    Other facts

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Attached

    • Subdivision Name: Highlands Rental Portfolio

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. 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: IBuy SFL