Heather Jaxheimer-Mills

905 S Orange Avenue , Bartow, FL 33830

$800,000
  • 905 S Orange Avenue , Bartow, FL 33830 Main Photo

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New to the Market Active
BEDS12 BATHS SQUARE FEET5,485 MLS#P4939871
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHOOKERS

Property Description

Excellent investment opportunity on this 6 unit package deal that consists of 3 duplexes sitting on 2 parcels of land located in the charming town of Bartow in the heart of Central Florida! The 2 parcels combined equal .68 of an acre & these beautiful duplexes have excellent curb appeal, great floor plans & plenty of parking for the tenants & their guests. All of the units are 2BR/1BA units & they feature spacious living/dining areas that flow nicely into the kitchens. The kitchens are all fully equipped with all of the appliances & have plenty of cabinet space. The bedrooms are all generously sized & all of the bathrooms have tile floors and tub/shower combos. Additionally each unit has it's own laundry rm with fairly new washers & dryers in all the units that are included with the sale, (except the washer & dryer in unit 907 belong to the tenant). There is quite a bit of wood laminate flooring throughout most of the units, but there are 2 units that have some carpet & a few of the units have vinyl squares in the kitchen/laundry areas. You'll really love the size of the big back yard on the 745 E Hooker property w/ the PVC fence running down the middle of the property separating the sides to ensure both of those tenants have their own privacy. Both of those units have an open patio overlooking the back yard & the one side has a storage shed. All 6 units have their own electric meters & the tenants pay their own electricity, which increases the property cash flow. There are 4 water meters total. The 745 E Hooker St property has a water meter for each side of the duplex & those tenants pay their own water bills as well. The 2 duplexes on the 905 S Orange Ave property each have 1 water meter per building, & therefore the landlord has been including the water bill in with the rent for those 4 units. There are 3 units being rented for $1200./mo. 2 units are vacant so the buyer can choose their own tenants & decide how much the rent will be. There is great potential that these units could all rent for higher than the $1200./mo. stated on this listing. The one unit is being rented below market value because the tenant has been there for 5 or 6 years, but it is being rented on a month to mont basis. Best yet, the roofs on all 3 buildings are only about 5 years old. The tax bill amount & the lot size stated on this listing are for the 2 parcels combined. The year built of the 745/755 E Hooker St duplex is 1984 & the year built for the 2 duplexes at 905 S Orange Ave is 1974. This is a package deal that is a combination of 2 other listings being offered for sale at a discounted price of $800,000., but both of these parcels are also listed for sale separately if a buyer is only interested in buying one of them. The MLS # for the parcel w/ 2 duplexes on it is: P4939869 & the MLS# for the parcel w/ 1 duplex on it is: P4939868. All measurements are approximate & all information should be confirmed by the buyer.

905 S Orange Avenue | MLS# P4939871

This multi-family property located at 905 S Orange Avenue , Bartow, FL 33830 is currently listed for sale with an asking price of $800,000. Search Bartow real estate on www.jaxteamtampa.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.68 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $8,853
Year Built: 1984

Amenities

Ceiling Fans(s)
Living Room/Dining Room Combo
Sidewalk

Feature Descriptions

Additional Rooms: Inside Utility
Annual Net Income: 61707.00
Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Directions: Turn left off E Main Street onto Orange Avenue and the property will be on your right. The 2nd parcel with the 3rd duplex will be right beside it at the address of 745 E Hooker St.
Exterior: Block, Brick, Stucco
Flood Zone Code: X
Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot: Corner Lot, City Limits, Sidewalk, Paved
Lot Dimensions: 0.68
Other Structures: Shed(s)
Ownership: Fee Simple
Patio/Porch: Patio
Property Attached Y/N: Yes
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Units: 8
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds
Zoning: R-2

Listed By / Shown By

Listed By

Agency Name: JULIE MATTHEWS GROUP LLC
Agency Contact: 863-528-0037

Shown By

Agent Name: Heather Jaxheimer-Mills
Agent Phone: Cell: (813) 335-8080
Agency Title: Florida Executive Realty

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Estimated Payment

$ 2,751.54 per month $1,780.45 Principal & Interest $737.75 Property Tax $233.33 Homeowner's Insurance

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