$788,000
$828,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Titusville, FL 32796
8,928 SqFt
Key Details
Sold Price $788,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,928 sqft
Price per Sqft $88
Subdivision Acreage & Unrec
MLS Listing ID V4912179
Sold Date 04/28/20
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 1968
Annual Tax Amount $9,806
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 100X1780X98X177
Property Description
Casita Bella, this property consists of 1 two story block building with 12 FULLY Occupied units. All units are 2 Bedroom, 1 Bathroom approximately 860 sqft each. 11 Units rented at $700, 1 unit rented at $750 The units have been recently updated, and have newer CENTRAL A/C systems, all tile flooring throughout all units, range & Refrigerators in all units. New Roof November 2017. Easy lawn maintenance. Tenants pay all utilities, separate electric and water/sewer meters. Room to Raise Rents at Renewals. 1st year Proforma NOI 7.75%. Owner Managed coin laundry facilities on site and newly installed in 2019 for ADDITIONAL INCOME. Titusville is up and coming with numerous economic development expansions. Employers such as Blue Origin, Lockheed Martin Corporation, Capital Investment, OneWeb Satellites, and government expansions in the Space research department are evolving the economy and future grow possibilities.
Location
State FL
County Brevard
Community Acreage & Unrec
Zoning R3
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Appliance Electric Water Heater, Range, Refrigerator
Exterior
Roof Type Shingle
Building
Lot Description City Limits, Near Public Transit, Sidewalk, Street Lights, Paved
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Public Sewer
Structure Type Block,Stucco
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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