No Hassle to Own the Castle!!
3435 NE 55th Avenue, Silver Springs, Florida 34488
Sold: $1,195,000
Property Details
Property Type
Residential
Building Type
Freestanding
Building Size
21,658 sqft
Land Size
2.62 acres
Units
21
Sewer
County
Water
County
Zoning
R3
Year Built
2008
Property Description
100% Occupied Castle Apartments - 21 - 3/2 Apartments!
Seven triplexes, each with 6 parking spaces in front of building. Apartments are approximately 1,031 sf each with ceramic tile in the living areas & bathrooms, washer & dryer hook ups, separate utility meters (electric, water & sewer). Built in 2008. No deferred maintenance. Suntrans bus stop at site.
Effective Rental Income: $169,200 - Operating Expenses: $ 61,650 - Net Operating Income: $107,550