$1,700,000

Estimated payment $10,432/month

-- Bed
-- Bath
4,320 Sq Ft
$394 Price per Sq Ft

Highlights

  • Concrete Pool
  • Ceramic Tile Flooring
  • 4 Car Garage
  • Wellington Landings Middle School Rated A-
  • Central Heating and Cooling System
  • Fenced

About This Home

Do not visit property alone do not speak with tenants. Outstanding opportunity to purchase a 4-unit apartment building in Wellington, 4 units per parcel. Featuring 3-bedroom 2 bath with fenced in patio areas for each unit. One unit 1 Bedroom 1 Bath. Seller will only sell all 8 units together for an asking price of 3.75 million 1577 and 1567 Hawthorne. All 8 units have access to a private gated pool. Roof is 2018/2020/all AC's have been done between 1-4 years old. Property is right across the street from the new park, walking distance to shopping, restaurants etc. A+ schools make this property more desirable for renters! Great return on your investment! Rents are below market value! come in and raise the rents as needed! A must see!

Last Listed By

Sarah Thomsen

Realty Connection Link LLC License #3291525 Listed on: 05/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,914

Year Built

  • Built in 1990

Lot Details

  • 0.34 Acre Lot
  • Fenced

Parking

  • 4 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,320 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Pool

  • Concrete Pool
  • Saltwater Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73414404010680190

Community Details

Overview

  • 4 Units
  • Sugar Pond Manor Of Welli Subdivision

Building Details

  • Operating Expense $69,658
  • Net Operating Income $111,342

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,914

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Directions: Please use GPS
  • Year Built: 1990
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 4320.0

Exterior Features

  • Exterior Features: Fence
  • Pool Features: Concrete, Pool, Salt Water
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 73414404010680190
  • Lot Size: 100.0 ft x 0.0 ft
  • Lot Size Sq Ft: 15000.0
  • Zoning Description: WELL_P

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 111342.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 69658.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 16914.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,914 $762,433 -- --
2023 $16,135 $693,121 $235,409 $645,983
2022 $14,716 $630,110 $0 $0
2021 $12,866 $602,462 $120,000 $482,462
2020 $11,833 $558,344 $126,000 $432,344
2019 $10,741 $473,411 $126,000 $347,411
2018 $10,546 $476,579 $111,425 $365,154
2017 $9,865 $468,496 $101,295 $367,201
2016 $9,490 $380,653 $0 $0
2015 $8,614 $346,048 $0 $0
2014 $7,955 $314,589 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 For Sale $1,700,000 0.0% $394 / Sq Ft
03/01/2024 03/01/24 Rented $2,600 0.0% --
02/13/2024 02/13/24 For Rent $2,600 0.0% --
09/29/2017 09/29/17 Sold $700,000 -3.4% $162 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $725,000 -- $168 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $700,000 Attorney
Warranty Deed $700,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $495,000 New Conventional
Closed $525,000 New Conventional
Source: Public Records

Source: BeachesMLS

MLS Number: R11095090

BeachesMLS

APN: 73-41-44-04-01-068-0190