5 Units! Prime Multifamily Investment Opportunity! Well-maintained 5-unit multifamily property located in the heart of Lake Placid. This income-producing asset features a strong unit mix: one 3-bedroom/1-bath unit, two 2-bedroom/1-bath units, and two 1-bedroom/1-bath units-appealing to a wide range of tenants. The property is easy to manage as tenants pay rent & send maintenance requests online, creating a streamlined, low-touch operation. Currently self-managed by the owner and running efficiently. Freshly painted exterior. The building is topped with a durable metal roof and the use of window A/C units helps keep maintenance simple and cost-effective. Rents are adjusted at renewal, providing built-in upside for future income growth.
Listed By
Agency Name: Transworld Realty Services Inc
Agency Phone: 954-718-2121
Shown By
Agent Name: Danielle DiLenge
Agent Phone: Cell: (954) 593-9643
Agency Title: Realty 100
Estimated Payment
$ 2,418.44 per month $1,724.81 Principal & Interest $467.58 Property Tax $226.04 Homeowner's Insurance
520 S Main Avenue | MLS# B26021355
This multi-family property located at 520 S Main Avenue, Lake Placid, FL 33852 is currently listed for sale with an asking price of $775,000. Search Lake Placid real estate on dlienge.realty100.com today.