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Multi-Family (2-4 Units)
WOW! CASH FLOW PROPERTIES STILL EXIST AND PRICE JUST REDUCED FOR QUICK SALE. Fully rented multi-use building. Upstairs there is a RARE loft-style apartment in historic Downtown Sebring (Unit #1) 4 bedroom,2 bathrooms 3400 square foot penthouse loft with wooden floors, exposed brick interior, a 18x20 sq. ft. kitchen, (tastefully updated along with much of the living space), an elevated master bedroom suite (for more privacy) & an outside patio where you can watch downtown Sebring pass you by. This second-floor apartment is larger than most houses and features an open concept layout. You will be charmed by the hardwood floors and exposed brick interior. The apartment features: street parking, historic touches, hardwood floor, high ceilings, open porch with views of Lake Jackson, immediate access to miles of city sidewalks as soon as you walk off of your steps, privacy, two entrances, 4 bedrooms, and 2 full bathrooms. Also upstairs is the possibility of having a 6th unit. Apartment No. 1 can be separated since it has 2 electrical meters. It does, however, share the same water meter. Separating them would make a one 2 bedroom/2 bath Apt and one additional 2/1 apartment.
One tenant is commercial office space (Unit #2) and two downstairs units are residential apartments (Unit 4&5)
Unit #1 just started a 1-year lease and pays $1500/monthly
Unit #2 currently commercial usage pays only $600 total/monthly and is on a month to month lease. Way below market value! **There is no Unit 3. The building has had several uses over the years and 2/3 are currently one combined unit** Unit #4 pays currently residential usage pays $600/monthly and is on a month to month.
Unit #5 pays currently residential usage pays $800/monthly and has a 1-year lease ending April 10, 2021. Unit #4 & 5 share the same water meter however they have their individual Electric Meters.
The property is in the CRA district which allows for special access to grants for exterior maintenance on the property. Throughout the year there are traditionally a variety of events and festivals hosted in Downtown Sebring. Miles of public sidewalks connect you to multiple lake access points on Lake Jackson, dessert and coffee shops, various dinning& entertainment options, shopping,& more. Across the street is Rotary Park, Jack Stroup Civic Center, the library, Highlands Lakeside Theatre, & the Sebring Historical Society. Prime location with free parking along West Commerce Ave and in the public parking lot across the street. INSURANCE- The property pays approx. $2350.00/yearly insurance.
MLS # 275676
Courtesy Of Lake and Land Realty of Highlands, Inc.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Multi-Family (2-4 Units)
located at 2100 Lakeview Drive, Sebring, FL
is currently for sale.
2100 Lakeview Drive, Sebring is listed
This property has 6 bedrooms, and 6 full bathrooms, and Lot Size of approximately 0.2.
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