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33896 (Davenport, FL)

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$500,000

238 Center Street Davenport, FL 33896
2,976 Sq. Ft
Courtesy Of Orlando Kissimmee Realty dba Keller Williams at the Lakes
MLS# S4801551
PROPERTY DESCRIPTION: 
Near Disney. Great Income Property makes $60,000 net per year, 6-unit apartment building with 2 bed/1 bath per unit. Included 2 acres commercial land back of property. Tenants pay approx $250/week, rentals convey. Parking for more than 12 cars. Laundry room provided for tenants. Low expenses due to own water well. No HOA. CAP rate 12-15%. All plumbing, electric wiring, flooring and roof fairly new. 
THIS PROPERTY IS ON 2 ACRES HAS SELF CONTAINED WELL (new pump unit), NEW AC IN 2 UNITS, ALL AC SERVICED, NEW INSULATION SAVING 50% OF ELEC CONSUMPTION, SURGE PROTECTION IN ALL UNITS. UNIT ALL REMODELED, TILE OR WOOD FLOORS, 2ND ACRE ZONED FOR ADDITONAL 6-PLEX IF BUYER WANTS TO BUILD.
FEATURES:
Age: Over 50 Years Old
Appliances: Microwave, Refrigerator, Washer, Water - Softener
Architecture Style: Ranch
Cooling System: Central A/C, Window Unit(s) A/C
Exterior Type: Block
Floor Covering: Carpet, Tile - Ceramic
Lot Size: 1.83 Acres
Parking Type: Assigned, Open
Roof Type: Composition Shingle

33896 (Davenport, FL) Real Estate & Homes for Sale - 1 Listing Found

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