$1,040,000
$1,199,000
13.3%For more information regarding the value of a property, please contact us for a free consultation.
7,671 SqFt
SOLD DATE : 01/07/2022
Key Details
Sold Price $1,040,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,671 sqft
Price per Sqft $135
Subdivision Punta Gorda Isles Sec 23
MLS Listing ID A4513511
Sold Date 01/07/22
Construction Status Inspections
HOA Y/N No
Year Built 1986
Annual Tax Amount $12,184
Lot Size 0.460 Acres
Acres 0.46
Property Description
If your looking for a meticulous multifamily building, you have found it. Six separate apartments located on a gorgeous golf course with incredible views. Each apartment has its owner electric and water meter. The building has multiple updates, including several newer AC units, water heaters, a new exterior paint job and numerous interior upgrades. Each unit is spacious with open floor plans and large screened in porches overlooking the golf course. The owner has many long term tenants who are mostly on month to month lease agreements. This building should bring in a 6%-7% cap rate at today's expected rental rates. This well built building has attracted excellent tenants with no rental collection issues. The building is located near shopping and highways.
Location
State FL
County Charlotte
Community Punta Gorda Isles Sec 23
Zoning RMF15
Interior
Interior Features Ceiling Fans(s), High Ceilings
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Balcony
Utilities Available BB/HS Internet Available, Cable Available, Sewer Connected
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 Well
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with EXP REALTY LLC
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