Do not visit property alone do not speak with tenants. Outstanding opportunity to purchase a 4 unit apartment building in Wellington, 4 units per parcel. Featuring 3 bedroom 2 bath with fenced in patio areas for each unit. One unit 1 Bedroom 1 Bath. Seller will only sell all 8 units together for an asking price of 3.75 million 1577 and 1567 Hawthorne. All 8 units have access to a private gated pool. Roof is 2018/2020/all AC's have been done between 1 4 years old. Property is right across the street from the new park, walking distance to shopping, restaurants etc. A+ schools make this property more desirable for renters! Great return on your investment! Rents are below market value! come in and raise the rents as needed! A must see!
Do not visit property alone do not speak with tenants. Outstanding opportunity to purchase a 4 unit apartment building in Wellington, 4 units per parcel. Featuring 3 bedroom 2 bath with fenced in patio areas for each unit. One unit 1 Bedroom 1 Bath. Seller will only sell all 8 units together for an asking price of 3.75 million 1577 and 1567 Hawthorne. All 8 units have access to a private gated pool. Roof is 2018/2020/all AC's have been done between 1 4 years old. Property is right across the street from the new park, walking distance to shopping, restaurants etc. A+ schools make this property more desirable for renters! Great return on your investment! Rents are below market value! come in and raise the rents as needed! A must see!
Features
Building and Construction
Absolute Longitude: 80.268987
Construction: Block, CBS, Concrete
Exterior Features: Fence
Flooring: Ceramic Tile
Roof: Comp Shingle
Sqft Source: Tax Rolls
Sqft Total: 5200.00
Total Building Sqft: 4320.00
Property Information
Property Condition: Resale
Property Group Id: 19990816212116581394000000
Land Information
Lot Description: 1/4 to 1/2 Acre
Lot Dimensions: 100.0 ft x 0.0 ft
Subdivision Information: Basketball, Bike - Jog, Park, Play Area, Playground, Sidewalks
Eco-Communities
Private Pool: Yes
Storm Protection Panel Shutters: Complete
Waterfront Details: None
Utilities
Carport Spaces: 0.00
Cooling: Central
Heating: Central
Number Of Stories: 1.0
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Utilities: Cable, Electric, Public Sewer, Public Water
Finance and Tax Information
Application Fee: 0.00
Home Owners Association poa coa Monthly: 0.00
Homeowners Assoc: None
Income Expenses Annual Net Oper Inc: 111342.00
Income Expenses Annual Total Expense: 69658.00
Income Expenses Gross Operating Inc: 183300.00
Source Of Expenses: Owner
Tax Year: 2022
Rental Information
Tenant Pays: Cable, Electric, Sewer, Water
Other Features
Avail Info: Accounting, Leases
Country: United States
Housing For Older Persons Act: No Hopa
Legal Desc: SUGAR POND MANOR OF WELLINGTONLT 19 BLK 68
Do not visit property alone do not speak with tenants. Outstanding opportunity to purchase a 4 unit apartment building in Wellington, 4 units feature 4 bedroom 2 bath with fenced in patio areas for ea
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