227 S Orange St Active

Sebring,FL 33870

$ 2295000

- Bed

0 Bath

15684 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 15,684 sqft

Price per Sqft $146

Subdivision Highlands Rental Portfolio

MLS Listing ID A11622220

Construction Status Resale

HOA Y/N No

Year Built 1960

Annual Tax Amount $21,376

Tax Year 2023

Property Description

8 CAP 12 UNIT RENTAL PORTFOLIO! This exceptional investment opportunity is located throughout Highlands County, offering proximity to the Sebring Racetrack and scenic lakes perfect for boating and fishing. The property benefits from an HGTV-style makeover in downtown Sebring and is just one hour from major cities, providing a unique blend of convenience and charm. Key features of this portfolio are 9 individual parcels comprising 12 rental units (15,684 Total SF Leased), NO flood insurance required, 100% occupancy with no vacancy, Monthly rental income of $17,075 and Net Operating Income: $183,524. Seize this unparalleled investment with stable income and significant growth potential in a thriving community.

Location

State FL

County Highlands

Community Highlands Rental Portfolio

Area 5940 Florida Other

Interior

Heating Central

Cooling Central Air

Flooring Tile,Vinyl

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Metal

Total Parking Spaces 12

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer,Septic Tank

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID S-29-34-29-040-0560-0160

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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