Seven at Fillmore is a seven unit apartment complex built in the early 1900s to late 1999. Has been updated been updated and remodeled in recent years. The property just had new electrical panels with permits and will be completed before close of escrow. Several of units are currently furnished and being used as short term rentals. Unit mix (2 )two bedroom (1 )bath units three one bedroom ( 1) bath units and (2) studios. On site laundry that is seller owned. With short term rentals proforma can be close to a 6% cap. Currently rent roll Unit #1 2500 short term furnished 2 bed #2 3200 furnished lease July 2023 1 bed #3 2500 furnished short term 1 bed #4 900 month to month studio # 5 2500 short term furnished 2 bed #6 1100 month to month '1 bed #7 750 month to month studio All facts and figures are approximate buyer verify MLS information Drive by only tenants are unaware of sale. Seller may entertain a carry back with 30-40% down 5% rate up to 5 years Seller holds an active real estate license in FL
Listing courtesy of Grace CRE.
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