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Winter Haven 4-Plex w/ Commercial Zoning

$550,000 • 12 Beds / 8 Baths • 4,848 SqFt
Pending
Offer Submission Deadline
  • ARV $850,000
  • Price $550,000
  • Spread $300,000
  • 2-4 Unit
  • 12
  • 8
  • 1984
  • 4848
  • 15998
  • No Garage

Description

Winter Haven, FL 33880

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Estimated Value

  • Est. Value High: $850,000
  • Est. Value Low: $780,000
  • Est. Rent/Month: $1,650 per unit

Property Details

  • Rehab Level: Light
  • Construction: Block on Slab
  • Electrical Panel: 2005
  • Air Conditioner: New
  • Water Heater: 2019
  • Roof: 2017
  • Occupancy: 2 units tenant occupied - 2 units vacant

Recent Sales

  • 1801 3rd Ct SE: 9~6~3,667sqft ~SOLD $800k
  • 212 Avenue F Sw: 5~5~2,448 sqft ~ SOLD $750k

ARV $750,000.00
Purchase Price $ 550,000.00
Repair Cost $ 50,000.00
Total $ 600,000.00
Monthly Rent $ 6,400.00
Annual $ 76,800.00
Taxes $ (6,000.00)
Insurance $ (4,000.00)
Other $ (5,000.00)
NOI $ 61,800.00
ROI10.30%
Equity $ 150,000.00

*Do not disturb occupants or walk on property. Trespassing is a criminal offense.

Brittaney Perez

Phone (407) 374-0775
Email office@trurei.com
Make an Offer Buy now for $550,000
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