Terrific cash flow on this 3-unit home. Don't pay attention to the Manatee County website regarding size of the building - it's clearly wrong. Largest unit, 3 bedroom, 2 bath is rented at $2,300 and they pay their own utilities and hire out the lawn maintenance.. The 1/1 is occupied and he pays $1,000, but no utilities. The 4 bedroom, 2 bath is rented at $1,000 a room and they pay no utilities. 2 of the 4 rooms are currently rented. Two separated large backyards with concrete patios for the 2 large units. Mango fruit trees on property, Property had NO damage from either hurricane last year.
Financial Considerations
Price:
$650,000
HOA Fee:
N/A
Tax Amount:
$3876.18
Price per SqFt:
$144.44
Tax Legal Description:
S 150 FT OF LOT 63 REVISED PLAT AIRPORT SUB PI#58968.0000/9
Exterior Features
Lot Size:
15002
Lot Features:
Corner Lot
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
5
Heating:
Space Heater
Cooling:
Wall/Window Unit(s)
Appliances:
Dishwasher, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer