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Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,776 sqft
Price per Sqft $165
Subdivision Osceola Heights
MLS Listing ID O5956313
Sold Date 09/07/21
Construction Status Inspections
HOA Y/N No
Year Built 1981
Annual Tax Amount $5,601
Lot Size 0.260 Acres
Acres 0.26
Property Description
COMPLETELY TURN-KEY!! FULLY 100% OCCUPIED!! GROSSING $54,240 YEARLY!! $45,000 invested by the seller in upgrades and updates in 2020-2021. This Exceptional Apartment Investment has WONDERFUL APPEAL & is a FANTASTIC INCOME PRODUCING Property in DOWNTOWN Winter Haven. This 5 Unit apartment complex has 3 units fully occupied at $900 each and leases through 4/30/2022 & 1 unit at $945 lease through 3/31/2022 ( these 4 units are 2 bedroom 1 bath at 800+sq ft per unit and each has a screened porch) PLUS 1 Loft apartment occupied at $875 through 12/31/21. Built in 1981, block construction. Shingle roof. Total SF 4,817 -- Heated SF 3,776. Open parking, Slab with exterior lighting. Located within city limits of Winter Haven on 0.26 acre lot. Privacy fence. Natural Gas connected. Water & electric meters. Well maintained grounds, all leases transfer to new owners! Copies of leases available for review. Central location close to shopping, restaurants, banks, schools and many other amenities.
Location
State FL
County Polk
Community Osceola Heights
Zoning RP
Direction SE
Interior
Interior Features Cathedral Ceiling(s), Thermostat
Heating Central, Electric, Natural Gas
Cooling Central Air, Other, Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Balcony, Lighting, Other, Sidewalk
Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Public
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with OLYMPUS EXECUTIVE REALTY INC