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Listing 1 out of 5,581
$999,900 New For Sale
6 units | Multi Family Home
0.67 acres - MLS# 219053997
Property Photo
1/13

Description

*Being sold with 4200 Gulfstream Dr, MLS #219053998. A total of 6 units. All with individual PID's and the HOA is already in place. Interesting opportunity with potential upside for Investor. Keep as rentals with excellent cash flow, GRI $94, 500, NOI 69, 800, or sell individually as condos. Unit interiors are all spacious and desirable 2 bedroom, 2 baths with individual laundry, patios and screened lanais. Exteriors are attractive with good curb appeal and lots of green space and landscaping. Cap rate of 7% at current rents. Long term tenants paying an average of $1300 per month. Rents could easily be increased to $1500 per month with potential exist strategy of selling as condos. Great Investment Opportunity. Contact me for more information

Features

  • Property Type: Multi Family Home
  • Sub Type: Triplex
  • Listing Status: Active
  • County/Area: Collier County
  • Zip Code: 34112
  • Year Built: 1982
  • Subdivision/Neighborhood: Spanish Villas
  • Style: 1 Story/Ranch
  • Stories: 1 Story/Ranch
  • Units: 6 units
  • Bedrooms: 1
  • Full Baths: 12
  • Lot Size: 0.67 acres
  • Baths: 12
  • Amenities: None, See Remarks
  • Building No.: 4190
  • Cable Available YN: Yes
  • Community Type: Condo/Hotel, Non-Gated
  • Construction: Concrete Block, Wood Frame
  • Construction Status: Resale Property
  • Cooling: Central Electric
  • Development: Spanish Villas
  • Development Name: Spanish Villas
  • Exterior Features: Courtyard, Decorative Shutters, None, Patio, Privacy Wall
  • Exterior Finish: Stucco
  • Flooring: Tile
  • Frontage: 168
  • Gross Rent: $94,500
  • Lot Back: 168 Ft.
  • Lot Left: 175 Ft.
  • Lot Right: 175 Ft.
  • Lot Unit: A
  • Pets Allowed: No Approval Needed
  • Road: County Maintained, Paved Road, Public Road
  • Roofing: Shingle, Tile
  • Sewer: Central
  • Tax Amount: 5820.00
  • Tax Desc: County Only
  • Tax Year: 2018
  • Tenant Pays: Cable, Full Electric, Internet Access, Security
  • Total Buildings: 2
  • Township: 50
  • Water: Central
  • Windows: Single Hung
Courtesy of Naples Beach & Bay Realty Inc

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