Active

$650,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 3767 sq ft
Overview
  • ID: MFRS5156077
  • Bedrooms:
  • Bathrooms: 0
  • Size: 3767 sq ft
Property Details
Remarks
Virtually Staged. Please respect the privacy of tenants, and do not disturb. A 5 unit multi-family gem from the year 1910 in up-and-coming Bartow Florida. Welcome to Broadway Avenue South where the street is lined with old oak trees, professional offices, and the spirit of Bartow history. These units are fully leased out. Roof replaced in 2021, HVAC improvements in 2022, plumbing improvements in 2025, Interior improvements in some units (Kitchen, laminate waterproof flooring, bathroom,) New onsite laundry 2026, and so much more. Annual income is based on (3)- 2Bed/2bath units, (1) 1Bed/Bath unit, and (1) studio w full bath. Total income is $6,600 Month $79,000.00 annual. Water and Electric Utilities are included as a cost to Landlord at approximately $9,000 a year total. This investment is a solid 8 year gross $ on $ return on purchase. Location is very close to Downtown and offers favorable appreciation potential as Bartow continues to grow, and attract more small business, local shopping, restaurants, night options, coffee cafes, and more. When you come to Bartow you will see why this is a great attraction for entrepreneurs, professionals, artists, and corporate growth.
Financial Considerations
Price:
$650,000
HOA Fee:
N/A
Tax Amount:
$8248.94
Price per SqFt:
$151.69
Tax Legal Description:
BEG 264 FT S OF NW COR OF NW1/4 RUN E 150 FT S 73 FT W 150 FT N TO BEG
Exterior Features
Lot Size:
7623
Lot Features:
Curb and Gutters, Historic District, City Limits, Sidewalk, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
Refrigerator
Furnished:
No
Floor:
Carpet, Vinyl
Levels:
Two
Additional Features
Property Sub Type:
Multi-Family 5+
Style:
N/A
Year Built:
1910
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    520 S BROADWAY AVE
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