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Description
Investors! Exceptional value-add opportunity in the heart of Sebring! This solid concrete-block fourplex offers outstanding cash-flow potential and built-in equity for an ambitious investor or 1031 exchange buyer. Featuring four units in a high-demand rental pocket, this property provides immediate upside through cosmetic refreshes and market rent adjustments. Centrally located just minutes from Downtown Sebring, Lake Jackson, AdventHealth, South Florida State College, and major retail along US-27. Property is sold strictly as-is with right to inspect; price reflects condition. Please do not disturb tenants. Drive-by viewings only; interior access provided upon an executed contract with verified proof of funds or pre-approval.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Electric
Lot Size: 0.29 Acres
Roof Type: Metal
Taxes: $4,187
Year Built: 1961
General Information
Sqft: 3,560
County: Highlands
Subdivision: LAKE VIEW PARK TR
Listed By:
Kal Scarvers
SPANN & ASSOCIATES REAL ESTATE
407-468-7512
MLS ID: O6439580
Amenities
Ceiling Fans(s)
Storage
Property Features
Annual Net Income: 60000.00
Days on Site: 1
Directions: From Circle Park Drive, exit heading east onto E Center Ave.Continue east on E Center Ave for about 0.5 miles.Turn left (north) onto E O Douglas Ave (N Lemon Ave / E O Douglas area).Continue north for about 0.3 miles to 1010 E O Douglas Ave on your right.
Exterior: Block
Flood Zone Code: X
Foundation: Block
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.29
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public
Water: Public
Water Access Y/N: No
Zoning: R3
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1010 Eo Douglas Avenue , Unit S1-4, Sebring, FL 33870.
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Estimated Payment
$ 1,906.33 per month $1,433.45 Principal & Interest $348.92 Property Tax $123.96 Homeowner's Insurance