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This Turnkey multi-family property is nestled on two parcels and features Four 2 bedroom 1 bath units and Two 1 bedroom 1 bath units. Completely renovated, impact glass and all electrical has been buried underground. The kitchens have been updated with granite counter-tops, stainless steel appliances, solid wood cabinets and all new bathrooms. Across from the Intracoastal and Osprey Park this compound was formerly leased to a religious group at $11,000 per Month triple net and has the projected lease potential of $1500 per Month for each 2 bedroom unit and $1100 per Month for each 1 bedroom unit. For a solid cap rate return, call today before it's gone! Property is located in the Opportunity Zone and with the combined 3 buildings has a total of 10 bedrooms.

Listed by Rhys R Hollyman, Logan Realty Inc

Property Details of 414 50th Street

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