623 Pennsylvania Ave

St. Cloud FL 34769

3435 sq. ft.

12632 sq. ft.

Duplex

Currently for sale - view listing

Overview

MULTI-FAMILY INCOME PROPERTY on massive .29 acre lot in the middle of the City. 6% CAP. Property located within short walking distance from Historic Downtown Saint Cloud. Rents currently under market! Only 7 blocks from lakefront with restaurant and public beach. This property is about as close to maintenance free as you can get. MOEN fixtures in kitchens and BATHS. GRANITE COUNTERTOPS in kitchens and baths. RE-ROOF COMPLETED APRIL 2021. COMPLETE RENOVATION COMPLETED MARCH 2021. This home has brand new TRANE A/C units installed early 2021. Separate tankless water heaters included for all units. Washer/Dryer hook up located inside all units potentially creating another income stream! Brand new dual pane, energy star rated windows. Upgraded electrical panels with FOUR separate meters! Owner pays for water. St. Cloud's downtown is currently undergoing major improvements. There are new restaurants opening and a 3-star boutique St Cloud Hotel getting started. CASH FLOW on this property starting day 1! Property is also located within recently established OPPORTUNITY ZONE. GREAT INCOME PROPERTY. Showing by appointment only. Currently fully occupied. Unit A leased until 3/31/22. Unit B leased until 9/30/22. Unit C leased until 11/30/22. Unit D leased until 3/31/22. Do Not Disturb Tenants.