Properties

Property Description

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 generates $9640 per 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 .0747. Property is right up the street from the Intercoastal.

Features
: Window Unit(s)
: Aframe
: Nongated
: Block, Concrete, Stucco
: Storage
: Vinyl, Tile
: Corner Lot
: Shingle, Metal
: Public Sewer
: Duplex
: Cable Available
: Singlehung
Address Map
FL
Charlotte
ENGLEWOOD
34224
1994 Massachusetts AVE 5
0
W83° 40' 19.3''
N26° 54' 51.9''
NOT APPLICABLE
OA01 - Out of Area
Additional Information
Starlink Realty, Inc
Kenneth Bracher
N
NOT APPLICABLE
8
0
0
0
1
1
BrokerReciprocity,Homes.com,ListHub,NaplesAreacom,
AllFinancingConsidered,Cash
412017206011
$12,579
2023
631609
FSAD
2024-08-28 18:44:55
2025-02-27
$18,591
1
$0
Expired
$0
$0
$0
$0

Residential Income For Sale

1994 Massachusetts AVE 5, ENGLEWOOD, Florida 34224

7 Bedrooms
8 Bathrooms
$1,299,900
Listing ID #224070916
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 224070916
Price : $1,299,900
Bedrooms : 7
Bathrooms : 8
Year Built : 1988
Status : Active
Property Sub Type : Duplex
Agent Info
Alec Salameh
Coldwell Banker Realty
Coldwell Banker Realty
7950 Dani Dr. Ste 125 Fort Myers, FL 33966
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