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    210 SW 6th Avenue

    Okeechobee, FL 34974
    • $95,000
    • STATUS: Closed
    • ON SITE: 95 days
    • MLS #: RX-10650702
    Sold - 11/20/2020
    $95,000
    SOLD - 11/20/2020
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,524
      SQFT
    • $21
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    Description

    Unbelievable Opportunity!!! Giant 5 unit Building approximately 4300 sq ft with Miami Dade Pine and New Metal Roof. Building is on a .46 acres and is a compilation of 3 lots, the lot that the building is on and 2 additional lots that are zoned for triplex. Building is zoned and has plans in place to be a Cash Cow or Potentially even a Flip with 5 permitted units to be built by new owner. Current plans entail two 2 bed/1 bath units on the top floor with washer/dryer hookups, with a potential rental rate of $1300 per unit. On the first floor two more 2 bed/ 1 bath units with a potential rental rate of $1000 per unit. Finally a 1 bed/ 1 bath with a potential rental rate of $800. That's a gross rental income of $5400.00 per month!

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    www.bettersouthfloridahomes.com/homes/109500172
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    210 SW 6th Avenue Okeechobee, FL 34974

    • Price: $125,000
    • Status: Closed
    • Updated: 23 min ago
    • MLS #: RX-10650702
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    4,524
    SQFT
    $21
    $/SQFT
    1960
    Built
    Neighborhood:
    Okeechobee
    County:
    Okeechobee
    Area:
    Okeechobee
    Property Description
    Unbelievable Opportunity!!! Giant 5 unit Building approximately 4300 sq ft with Miami Dade Pine and New Metal Roof. Building is on a .46 acres and is a compilation of 3 lots, the lot that the building is on and 2 additional lots that are zoned for triplex. Building is zoned and has plans in place to be a Cash Cow or Potentially even a Flip with 5 permitted units to be built by new owner. Current plans entail two 2 bed/1 bath units on the top floor with washer/dryer hookups, with a potential rental rate of $1300 per unit. On the first floor two more 2 bed/ 1 bath units with a potential rental rate of $1000 per unit. Finally a 1 bed/ 1 bath with a potential rental rate of $800. That's a gross rental income of $5400.00 per month!
    Exterior Features

    Carport Spaces 0.00 Construction Frame Exterior Features Extra Building Lot Description 1/4 To 1/2 Acre Lot Dimensions 100.0 Ft X 140.0 Ft Private Pool YN No Roof Metal Unit1 Parking Open ParkingSpace Parking Unit2 Parking None Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Other Flooring Other Heating Other Unit1 Desc Hookup Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 1075 Unit2 Desc Hookup Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 1075 Unit3 Sq Ft 825 Unit4 Sq Ft 825

    Property Features

    Annual Net Operating Income 0.00 Annual Total Expenses 0.00 Available Info Other Built Desc Resale Contingents None Gross Operating Income 62400.00 Hoa Fee Per Month 0.00 Homeowners Association None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Quad Plex Possession At Closing REO No Restrictions NoneOther Separate Electric Meters No Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Sq Ft Total 4300.00 Subdivision Amenities Bike - Jog Tax Amount 926.13 Tax Year 2019 Taxes City/County Tenant Pays Cable Terms Considered Cash Unit1 Monthly Income 0.00 Unit2 Monthly Income 0.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 0.00 Utilities Public SewerPublic Water Zoning 10>Multifamily

    Listing provided courtesy of Coldwell Banker Paradise. Listing information © 2020 BeachesMLS
     
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    Sunrise FL, 33323