1350 Rio De Janeiro Ave, Punta Gorda, Florida
List Price: $1,199,000
MLS Number: A4513511

If your looking for a meticulous multifamily building, you have found it. Six separate apartments located on a gorgeous golf course with incredible views. Each apartment has its owner electric and water meter. The building has multiple updates, including several newer AC units, water heaters, a new exterior paint job and numerous interior upgrades. Each unit is spacious with open floor plans and large screened in porches overlooking the golf course. The owner has many long term tenants who are mostly on month to month lease agreements. This building should bring in a 6%-7% cap rate at today's expected rental rates. This well built building has attracted excellent tenants with no rental collection issues. The building is located near shopping and highways.