This 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!
Closed
$1,020,000
1994 Massachusetts Ave #5, Englewood, FL 34224
9beds
--sqft
Duplex, Multi Family
Built in 1988
-- sqft lot
$857,400 Zestimate®
$--/sqft
$1,678 Estimated rent
Home value
$857,400
$729,000 - $1.02M
$1,678/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Kenneth Bracher 239-910-0669,
Starlink Realty, Inc
Bought with:
NMLS NMLS
Source: Florida Gulf Coast MLS,MLS#: 224070916
Originating MLS: Florida Gulf Coast
Originating MLS: Florida Gulf CoastFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 8
- Full bathrooms: 8
Heating
- None
Cooling
- Window Unit(s)
Features
- Flooring: Tile, Vinyl
- Windows: Single Hung
Interior area
- Total structure area: 0
Property
Features
- Exterior features: Storage
- Waterfront features: None
Lot
- Size: 0.55 Acres
- Features: Corner Lot
Details
- Parcel number: 412017206011
- Lease amount: $0
- Zoning description: RMF15
Construction
Type & style
- Home type: MultiFamily
- Architectural style: See Remarks
- Property subtype: Duplex, Multi Family
Materials
- Block, Concrete, Stucco
- Roof: Metal,Shingle
Condition
- Resale
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Non-Gated
- Condo and coop fee: $0
- Membership fee: $0
HOA
- Amenities included: None
Location
- Region: Englewood
Financial & listing details
- Annual tax amount: $12,578
- Date on market: 8/28/2024
- Cumulative days on market: 107 days
- Listing terms: All Financing Considered,Cash,Owner May Carry
- Tenant pays: See Remarks
- Contingency: Financing
Price history
| Date | Event | Price |
|---|---|---|
| 12/13/2024 | Sold | $1,020,000-11.3% |
Source:  Florida Gulf Coast MLS #224070916 Report a problem | ||
| 10/26/2024 | Pending sale | $1,150,000 |
Source:  SWFLMLS #224070916 Report a problem | ||
| 10/15/2024 | Price change | $1,150,000-11.5% |
Source: SWFLMLS #224070916 Report a problem | ||
| 8/28/2024 | Listed for sale | $1,299,900 |
Source: SWFLMLS #224070916 Report a problem | ||
| 10/3/2023 | Listing removed | -- |
Source:  Florida Gulf Coast MLS #223025754 Report a problem | ||
| 7/4/2023 | Price change | $1,299,900-7.1% |
Source: Florida Gulf Coast MLS #223025754 Report a problem | ||
| 6/27/2023 | Price change | $1,399,900-5.1% |
Source: Florida Gulf Coast MLS #223025754 Report a problem | ||
| 4/14/2023 | Price change | $1,474,900-1.7% |
Source: Florida Gulf Coast MLS #223025754 Report a problem | ||
| 4/5/2023 | Listed for sale | $1,499,900 |
Source: Florida Gulf Coast MLS #223025754 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 34224
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Nearby schools
GreatSchools rating
- 8/10Vineland Elementary SchoolGrades: PK-5Distance: 2.7 mi
- 7/10L. A. Ainger Middle SchoolGrades: 6-8Distance: 2.5 mi
- 5/10Lemon Bay High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$857,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$857,400
- Florida
- Charlotte County
- Englewood
- 34224
- 1994 Massachusetts Ave Unit 5
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