Income producing duplex in the highly sought after equestrian city of Wellington, Florida. Both units are rented, one unit consists of a 2BR 2BA with 984 sq ft, the other unit 3BR 2BA with 1,057 sq ft. & sits on a .33 acre lot. Both units feature tile flooring throughout, updated kitchens & bathrooms, washer/dryer in-unit. Projected annual gross income $56,400. Annual Expenses Include, Taxes $7,821, Insurance $3,700 & Landscaping $1,200. Located in an all A+ rated magnet school district, close to local hospital, fine dining & shopping. Excellent opportunity to own this cash flowing property in a great location!
This exceptional property offers versatile options for impressive rental income. Ideally located just minutes from Wellington's premier equestrian facilities, it is a dream investment for horse enthusiasts and property investors alike. Each unit includes a garage allowing for easy storage of golf carts and bicycles; enjoy a 6-minute bike ride or a quick golf cart ride to the Wellington Equestrian grounds! This rare, NO HOA, large multifamily property consists of FOUR 2-story rental homes; with **each home having 5 bedrooms, 2.5 bathrooms and a single car garage**. The four turnkey units are made up of a 5,120 Sq Ft duplex and two 2,560 Sq Ft detached single family homes. The property is fully leased with great tenants! With the opportunity to convert one or more of the units into a
Courtesy: Realty Connection Link LLC
561-260-2000
Do not visit property alone do not speak with tenants. Outstanding opportunity to purchase a 4-unit apartment building in Wellington, 4 units feature 4-bedroom 2 bath with fenced in patio areas for each unit. Seller is also selling the 4plex on the next parcel located at 1567 Hawthorne. Seller will only sell all 8 units together for the asking price of 3.75 million. All 8 units have access to a private gated pool. Roof is 2023/all AC's have been done between 1-4 years old. Property is right across the street from the new park, walking distance to shopping, restaurants etc. A+ schools make this property more desirable for renters! Great return on your investment! Rents are below market value! come in and raise the rents as needed! A must see!
Courtesy: Realty Connection Link LLC
561-260-2000
Do not visit property alone do not speak with tenants. Outstanding opportunity to purchase a 4-unit apartment building in Wellington, 4 units per parcel. Featuring 3-bedroom 2 bath with fenced in patio areas for each unit. One unit 1 Bedroom 1 Bath. Seller will only sell all 8 units together for an asking price of 3.75 million 1577 and 1567 Hawthorne. All 8 units have access to a private gated pool. Roof is 2018/2020/all AC's have been done between 1-4 years old. Property is right across the street from the new park, walking distance to shopping, restaurants etc. A+ schools make this property more desirable for renters! Great return on your investment! Rents are below market value! come in and raise the rents as needed! A must see!
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2024 BeachesMLS, Inc.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2024 BeachesMLS, Inc.
Wellington is located in Florida. Wellington, Florida has a population of 61,445. Wellington is more family-centric than the surrounding county with 38.58% of the households containing married families with children. The county average for households married with children is 25.71%.
The median household income in Wellington, Florida is $98,163. The median household income for the surrounding county is $68,874 compared to the national median of $69,021. The median age of people living in Wellington is 41.3 years.
The average high temperature in July is 89.8 degrees, with an average low temperature in January of 55.3 degrees. The average rainfall is approximately 61.7 inches per year, with 0 inches of snow per year.
