Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1987
Sq.Footage
15,920
Fantastic investment opportunity with this 18-unit multi-family complex featuring a strong rental history and well-maintained buildings. Building 1 offers 10 spacious 2-bedroom, 1-bath units totaling 8,512 sq.ft. Built in 1987, each unit is equipped with central heat and air, washer/dryer hookups, and refrigerators. Current monthly rental revenue is $7,050. Building 2, constructed in 2021, adds 8 modern units with high-end finishes. Four units feature 2 bedrooms and 2 baths, while the remaining four are 1-bedroom, 1-bath layouts. These units showcase granite countertops, tile flooring, central heat and air, and washer/dryer hookups. Total building size is 7,408 sq. ft. with a current monthly rent roll of $6,650. Together, this complex combines established cash flow with newer construction for reduced maintenance and long-term value.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Parking Lot, Asphalt
-
Pool
No
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.8462
-
Property Type
Residential
Price
-
Sales Price
$1,550,000
-
Tax Amount
$9,321
-
Sq. Footage
15, 920
-
Price/SqFt
$97
HOA
-
Association
Yes
-
Association Fee 2 Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Foundation Details
Slab
-
Tax Lot
1
-
Water Source
Public
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Location
County
Sebastian
Elementary School
Middle School
High School
Listing Courtesy of Michelle Pendergraft , Keller Williams Platinum Realty
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REALTOR®
Karen Tillman
Call Karen today to schedule a private showing.
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