Listed by The Agency Florida LLC
$894,000
1039 N Victoria Park Road # 3 #1-3
Details
APN 494234044990
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 1,971
Units 3
NOI $49,700
Year Built 1956
Acreage 0.160
Zoning RMM-25
Multifamily | 3 Units
Marketing description
Rare fully operational income-producing retreat in sought-after Lake Ridge. This beautifully maintained triplex features one oversized 2 bed/1 bath & two stylish 1 bed/1 bath residences on a quiet residential street while generating approximately $132,600 per year in gross income. Property highlights include impact windows and doors, smart electric door locks, luxurious Weston Heavenly Beds, and an oversized tiki hut perfect for entertaining and guest enjoyment. Pride of ownership is evident throughout with meticulous management and strong rental performance. For investors seeking scale, the neighboring duplex at 1043 N Victoria Park Rd is also available, offering remodeled units, a new pool, and approximately $130,000 annual gross revenue.
Listing Contacts
Listed by The Agency Florida LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$49,700.00
$4,141.67/mo
Valuation Metrics
0
DSCR
5.56%
Cap Rate
5.56%
ROI
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