Four Unit Apartment Building in Palmetto

Ref : CBC140403

Address :

516 7th Ave W
Palmetto, FL 34221

Details :

Price $ 164,900
Building Size (RSF) 3,328 Sq. Ft.
Lot size 7,392 Sq. Ft.
Number of units 4
Number of buildings 1

Property Overview

Property Subtypes     Mid-Rise
Gross Building Area:     3,328 SF
Unit Price:     $41,225 Per Unit
Sale Terms:     Cash to Seller
Cap Rate:     9.0%
Last Updated:     4/9/2014
Property Overview
Property is a four unit, two story apartment building. The units are good size, one bed, one bath, with full kitchens. Located in downtown Palmetto, your tenants can walk to banking, grocery and restaurants. :Public transportation nearby. Long term tenants.

Additional Details
Nearest MSA:     North Port-Bradenton-Sarasota
County:     Manatee
Tax ID Number/APN:     2777900008
Property Use Type:     Investment
Zoning:     RM6
Percent Occupied:     75%
Laundry:     Laundromat Nearby
Side of Street:     East
Road Type:     Paved
Transportation:     Bus
Site Description:     Wooded, 1/6th acre, paved parking
Area Description:     Downtown Palmetto, Florida
Total Number of Buildings:     1
Building Age:     Vintage
Property Condition:     Good
Number of Stories:     2
Year Built:     1960
Roof Type:     Hip
Parking Type:     Surface
Heat Type:     Electricity
Zoning Description:     RM6

Map :

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