$290,000
$299,900
3.3%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/11/2023
Key Details
Sold Price $290,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown Sebring
MLS Listing ID A11436286
Sold Date 10/11/23
Construction Status Resale
HOA Y/N No
Year Built 1926
Annual Tax Amount $2,137
Tax Year 2022
Contingent Pending Inspections
Property Description
Triplex located in the heart of the vibrant Downtown Sebring is a gem in the world of real estate investment. Boasting a solid 10% cap rate, fully rented units, a newer roof, improved exterior, and the potential for expansion up to 10 units, it presents an excellent return for investors seeking to capitalize on a dynamic and growing market. Its strategic location, separate parking, and separate utilities paid by tenant score in its value, making it an opportunity that shouldn't be missed for those looking to secure their financial future through real estate investments. Scheduled showing upon executed contract.
Location
State FL
County Highlands County
Community Downtown Sebring
Area 5940 Florida Other
Direction From US 27 and Hammock road South on US 27, Left on Lakeview, Right on Pine at the Palms to property on right
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Vinyl
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 3
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Level or Stories Two
Structure Type Frame
Construction Status Resale
Others
Tax ID S-29-34-29-070-0780-0100
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Conventional
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