Properties

Property Description

Rare find cash cow – 3-unit triplex building for sale. Concrete block construction. 2 units occupied by long-term month-to-month tenants paying $525 per month (very low and should be increased to near $800 per month) who are paid up-to-date and want to stay. 1 unit is currently empty. All units are 1 bedroom, 1 bathroom, plus living room, and kitchen. All units have separate electric meters paid for by the tenants. Water bill (approx $25 per month), lawn maintenance ($100 per month), and pest control ($35 per month) are paid by the landlord. Roof replaced in 2017. Septic and drain field replaced in 2018 and pumped in 11/2022. Water heaters replaced in 2015. Building partially re-plumbed in 2015 with each unit having its own water heater and shut off valve. Building totally re-wired with new electric panels in 2005. Unit B had new kitchen in 2018, new flooring in 2023, and freshly painted in 2023. Unit C has carpet. Unit A was tile floored and updated kitchen in 2015. Garage has been rented out in the past to a 4th tenant as a storage unit for $250+ per month. Easy to rent as the building is just minutes from Aldi, Winn Dixie, Sams Club, Walmart Supercenter, convenience stores, lots of shopping, and the bus route. Seller is downsizing their portfolio and says let’s make a deal.

Features
: Wall Units / Window Unit
: Other, Wall/Window Unit(s)
: Covered, Deck
: Driveway, Oversized
: Storage
: Laminate, Carpet, Tile
: Other
: Septic Tank
: Cable Available, Electricity Connected, Water Connected, BB/HS Internet Available
Appliances
: Range, Refrigerator, Electric Water Heater
Address Map
US
FL
Orange
Apopka
32703
OCEAN
504
AVENUE
W82° 27' 56.1''
N28° 44' 29.1''
32703 - Apopka
R-2
From Apopka, east on Semoran Blvd (SR 436) past Thompson, right at Ocean Ave.
Additional Information
: Public
https://www.propertypanorama.com/instaview/stellar/O6150095
329900
2023-10-16
3
: One
2
: Slab, Crawlspace
: Block, Stucco
2151
1
Financial
2642.14
Listing Information
261061021
54580
Cash,Conventional
Sold
2023-12-01T15:37:08Z
Stellar
: None
2023-12-01T15:36:23Z
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504 AVENUE Apopka

504 Ocean Avenue, Apopka, Florida 32703

3 Bedrooms
3 Bathrooms
1,502
$315,000
Listing ID #O6150095
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : O6150095
Price : $315,000
Bedrooms : 3
Bathrooms : 3
Square Footage : 1,502
Year Built : 1958
Lot Area : 0.32 Acre
Status : Closed
Office Name : SAND DOLLAR REALTY GROUP INC
Agent Name : Robert Arnold, Jr
Property Sub Type : Triplex
Roof : Membrane
Listing Status : Closed
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Property
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Erica Diaz Team

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Phone: (407) 904-2702
Hours: Everyday, 9AM – 5PM
Address: 326 S Dillard St, Winter Garden, FL. 34787

Erica Diaz, P.A. DBA Erica Diaz Team. MLS License #261211327. Brokered by Homevest Realty.

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