Scott Chevailer - Coldwell Banker Tony Hubbard
102-114 Dr Martin Luther King Jr Avenue
WILDWOOD, FL 34785

Description

This property is being sold as a group listing. Investors and Landlords this is a great opportunity to own 7 units conveniently located in the same place. No more driving around looking for rents or to make repairs. Located near Central Wildwood, these well maintained units sit on 4 parcels that total 0.36 acres. There are 6 units with 1BR and 1BA, and 1 unit with a 2BD and 2BA. You could own these 3 Duplexes and 1 stand alone. With a gross projected annual income of $36,800 you can have a gross cap rate of around 12%. Good rental property is hard to come by, and the demand is increasing. Square Footage and Lot size represent all of the parcels and units. Lets discuss this opportunity. Realtor is related to Seller.

Details

MLS#G5004536
Sub-TypeResale
StatusActive
Year1975
Days On Site133

Features

SQ Feet4,174
Units7
Building(s)4

Market Activity 34785

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Area Information

StateFL
CountySumter
CityWILDWOOD
Zip Code34785
Area34785 - Wildwood
Listing VS Median (in 34785)
Price:
$287,698
low | high
Med:
$159,900
94.42088578996% of Average
SqFt:
4,174
low | high
Med:
1,102
100% of Average
$ / SqFt:
$69
low | high
Med:
$145
60.514721154905% of Average
On Site:
133
low | high
Med:
82
100% of Average
Listing Updated: 12/14/2018
MLS Number: G5004536
Listing Provided By:
Rich Sczykutowicz  of  CARLINO REAL ESTATE GROUP INC

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