NOT LISTED FOR SALE
4 Beds
3 Baths
3,366 Sq Ft
0.29 Acres

Last Sold April 29, 2020

Last sale price $359,996 $107 Per Sq Ft

29 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Fenced
  • Manatee High School Rated A-
  • Shed
  • Heating System Mounted To A Wall or Window

About This Home

As of April 2020

Amazing investment opportunity! This property has 6 units with a possible 7th apt. All units are currently rented for a total monthly revenue of $4,940! There are separate electric meters and tenants pay electric. Landlord responsible for water/sewer. These two totally remodeled apartment buildings have $100,000 worth of capital improvements in the last 18 months including new metal roof, new shingle roof, termite fumigation with ongoing maintenance contract, new kitchen in 4 out of 6 units, new bathrooms, new flooring, new air conditioners, many new plumbing updates, and updated electrical repairs. This building has been professionally leased and managed by Relax Realty and will offer a smooth transition to any investor wanting passive income.

Last Agent to Sell the Property

Gabriel Reed

BRIGHT REALTY License #0676896 Listed on: 03/17/2020

BRIGHT REALTY

Last Buyer's Agent

Gabriel Reed

BRIGHT REALTY License #0676896 Listed on: 03/17/2020

BRIGHT REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,426

Year Built

  • Built in 1900

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 64x197
  • Fenced

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 3,366 Sq Ft Home
  • Crawl Space

Outdoor Features

  • Shed

Schools

  • Ballard Elementary School
  • Martha B. King Middle School
  • Manatee High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units
  • Orange Park Community
  • Orange Park Subdivision

Building Details

  • Gross Income $59,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,426

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 3366
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 1900
  • Lot Size Sq Ft: 12602
  • Tenant Pays: Electricity
  • Directions to Property: From 64 West, Turn left onto 9th St W, Turn right onto 8th Ave W, Use the left 2 lanes to turn left onto 14th St W/Tamiami Trail, Destination will be on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4462898?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4462898?w=Customer
  • Unit Count: 5
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 106.95
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Crawlspace, Slab
  • Street Number Modifier: 1425
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Fenced, Other
  • Roof: Metal, Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Ballard Elementary
  • High School: Manatee High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: C1
  • Parcel Number: 4436800009
  • Additional Parcels: No
  • Lot Dimensions: 64x197
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 4940

Multi Family

  • Gross Income: 59280
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 3425.65
  • Tax Book Number: 1-272
  • Tax Lot: 3

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2020 04/29/20 Sold $359,996 0.0% $107 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $359,997 0.0% $107 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $359,997 -- $107 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4462898

Stellar MLS

APN: 44368.0000-9