Four Plex Multifamily Investment - Fully Leased

Multi-Family for Sale
Catylist Listing ID: 30809882
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 2,364 SF
Gross Land Area: 7,200 SF
Sale Price: $719,900
Unit Price: $179,975 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/4/2022

Overview / Comments

Two duplexes at this location, 100% Leased.
Four apartments all one bedroom, one bath.
3 electric meters and one water meter.
2 units have central AC and 2 units have window AC units.
Leases have always been annual and rent is collected weekly using direct deposit cards. Apartments are self managed and well maintained.

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Tax ID/APN: 4409600006
Percent Occupied: 100%
Highway Access: 14th St. Tamiami Trail
Airports: Sarasota Bradenton Airport
Area Description: residential neighborhood
Total Number of Buildings: 2
Property Condition: Average
Number of Stories: 1
Year Built: 1953
Roof Type: Hip
Construction/Siding: Stucco
Sprinklers: None
Heat Type: Other
Heat Source: Central, Wall Units
Air Conditioning: Window Unit, Other
Zoning Description: duplex
Lot Frontage: 57
Lot Depth: 119
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,944 103,476 188,883
Median Age: 39.13 40.97 43.22
Households: 6,892 42,593 79,170

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