STATUS: ACTIVE,
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SQUARE FT: 1,764, SQUARE METERS: 163, YEAR BUILT: 1971, MLS #: A10604818, TAX YEAR: 2018
Financial Estimate: Income $850 /unit. Expenses $202/unit. Taxes $100/month/unit = Net $548/Unit/Month = Total $26.304 Net per year. 4 Units in the same condominium, 4 different folios, all rented and generating over 7% Cap Rate. All Units are 440 sqft each. All are currently rented and condo is always in high demand for rent. Complex very well located near intersection I-95, Turnpike and Palmetto. Ideal for investors looking for units over 7% Cap, with diversification and great potential for appreciation. Only available to show inside during the inspection period, after executing a contract. Since the units are rented you can expect units in good condition.
AMENITIES: SOLD "AS IS", CURRENTLY UNDER CONSTRUCTION, CONCRETE BLOCK STUCCO, CORPORATE OWNED, LICENSED OWNER, TILE FLOORING, CENTRAL AIR CONDITIONING, CENTRAL HEAT, LOT SIZE IS 1/4 ACRE OR LESS, PUBLIC SEWER SERVICE,
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