520 S Broadway Avenue, Bartow, FL 33830

$650,000
3,767
SqFt

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List Price
$650,000
Status
ACTIVE
Days on Market
0
MLS#
S5156077
Subtype
Commercial Sale
Style
Two Story
Year Built
1910
Living Area
3,767
Lot Size
7,623
Acres
0.18
Subdivision
Bucks Add
MLS Area Major
Bartow

Property Description

Virtually Staged. Please respect the privacy of tenants, and do not disturb. A 5 unit multi-family gem from the year 1910 in up-and-coming Bartow Florida. Welcome to Broadway Avenue South where the street is lined with old oak trees, professional offices, and the spirit of Bartow history. These units are fully leased out. Roof replaced in 2021, HVAC improvements in 2022, plumbing improvements in 2025, Interior improvements in some units (Kitchen, laminate waterproof flooring, bathroom,) New onsite laundry 2026, and so much more. Annual income is based on (3)- 2Bed/2bath units, (1) 1Bed/Bath unit, and (1) studio w full bath. Total income is $6,600 Month $79,000.00 annual. Water and Electric Utilities are included as a cost to Landlord at approximately $9,000 a year total. This investment is a solid 8 year gross $ on $ return on purchase. Location is very close to Downtown and offers favorable appreciation potential as Bartow continues to grow, and attract more small business, local shopping, restaurants, night options, coffee cafes, and more. When you come to Bartow you will see why this is a great attraction for entrepreneurs, professionals, artists, and corporate growth.

Additional Information

Financing
Cash
Location
Curb and Gutters, Historic District, City Limits, Sidewalk, Paved
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
R-3
Appliances
Refrigerator
Heating
Central
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Frame
Stories
2
Levels
Two
Roof
Shingle
Foundation
Crawlspace

Listing courtesy of CENTURY 21 MYERS REALTY. 863-875-5656

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