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Seller's Agent in 2018
Rachel Phillips
UNKNOWN FIRM
(239) 560-4235
5 Total Sales
Excellent income opportunity, two adjacent duplex buildings (1726 & 1728 E Mulberry Dr) for a total of 4 units (all 2 bed / 1 bath), selling as a package. Units have ceramic tile floors throughout. Tenants pay ALL utilities since separately metered.
2 of the units are rented to Section 8 tenants with rents at $875/month. The remaining 2 units are rented at $700 & $800/month. Current contract gross income of $39,000/year for all 4 units. Attainable gross rents of $42,000/year if move all tenants over to Section 8. This affords a cap rate of 11.5% at a pro forma net annual income of $34,634.
DO NOT DISTURB TENANTS.
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
05/21/2018 05/21/18 | Sold | $280,000 | -6.0% | $89 / Sq Ft |
03/21/2018 03/21/18 | Pending | -- | -- | -- |
03/19/2018 03/19/18 | Price Changed | $298,000 | +100.0% | $95 / Sq Ft |
03/16/2018 03/16/18 | For Sale | $149,000 | -- | $48 / Sq Ft |
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Seller's Agent in 2018
Rachel Phillips
UNKNOWN FIRM
(239) 560-4235
5 Total Sales
Buyer's Agent in 2018
Regina Ramalheira
COLDWELL BANKER REALTY
(813) 245-8893
12 Total Sales
Source: Stellar MLS
MLS Number: T2934957