1994 Massachusetts Ave Unit 5 Englewood, FL 34224
7
Beds
8
Baths
--
Sq Ft
0.55
Acres
Highlights
- 0.55 Acre Lot
- Window Unit Cooling System
- Outdoor Storage
- Corner Lot
- Tile Flooring
- No Heating
About This Home
As of December 2024This 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 8.44%. Property is right up the street from the Intercoastal. No flooding!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,579
Year Built
- Built in 1988
Lot Details
- 0.55 Acre Lot
- Corner Lot
Home Design
- Duplex
- Shingle Roof
- Metal Roof
- Stucco
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 8 Full Bathrooms
Utilities
- Window Unit Cooling System
- No Heating
- Cable TV Available
Additional Features
- Single Hung Windows
- Outdoor Storage
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 412017206011
Community Details
Overview
- 8 Units
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $18,591
- Net Operating Income $115,680
Similar Home in Englewood, FL
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $1,020,000 | -11.3% | -- |
| 12/13/2024 12/13/24 | Pending | -- | -- | -- |
| 10/15/2024 10/15/24 | Price Changed | $1,150,000 | -11.5% | -- |
| 08/28/2024 08/28/24 | For Sale | $1,299,900 | -- | -- |
Source: Florida Gulf Coast Multiple Listing Service
Tax History Compared to Growth
Agents Affiliated with this Home
-
Ken Bracher
Seller's Agent in 2024
Ken Bracher
Starlink Realty, Inc
(239) 910-0669
2 in this area
147 Total Sales
Map
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 224070916
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