10194 Tramore Ave Englewood, FL For Sale

  • $190,000
  • 4 beds
  • 2.5 baths
  • 2342 sqft

Final Price Decrease before we close on property!

Wholesale Price $190,000

DUPLEX AT 8% CAP RATE-NEEDS $.00 REPAIRS

Comp 1- 10388-90 Kidron   2/2 per side / $1900.00 Expected rent/ Sold for $199,550  3DOM

http://bit.ly/2JVvMet

Comp 2- 10395 Pendleton Ave . 2/2 Per side Expected rent $1850/ Sold for $220,000 8DOM

http://bit.ly/2Ye8ppT

Comp 3- 11128-30 Pendleton Ave . 2/2 per side Expected rent $1,075/ Sold for $224,000 15 DOM

http://bit.ly/32Tu7yW

 

Price:
$190,000
Address:
10194 Tramore Ave
Englewood, FL 34224
Square Feet:
2342
Bedrooms:
4
Bathrooms:
2.5
Terms:
For Sale
Property Type:
Duplex
Year Built:
2004
Const. Type:
CBS

Additional Features

The building was built in 2004 and currently shows in mint condition. One side is rents for $880.00 and the other side for $875.00 which totals $1755.00 monthly. Both units are 2 bedrooms 1.5 baths each $1755.00 x 12 Months= $21,060 yearly I spoke to two different property managers and they both agreed that the going rent now in that area is $925.00-$950.00 Taxes are $2,500.00 ( that is high because of the purchase price in 2005 was 235K however that will reassess with a lower purchase price) I would imagine insurance is around $2,000. Management fees are around 10% which is $175.00 monthly which is $2,076 a year.

Call 954-829-1076 for more details

Property Location