This Multifamily Property is no longer advertised on LoopNet.com.
607 6th St W
Palmetto, FL 34221
Riverside 607 Apartments · Multifamily Property For Sale · 18 Units
Investment Highlights
- Favorable Seller Financing Available with Up to 80% LTV, for a Qualified Buyer
- Immense Demand & Severe Shortage of One Bedroom Apartments in the Area Substantially Boosting Market Rents
- NON-Flood Zone Location (All Parcels Zone X) & Within Walking Distance of the Waterfront; Prime Future Redevelopment Site
- Strong Value-Add Offering w/ Opportunity to Boost NOI by Implementing Utility RUBBS System or Monthly Utility Fees
- Rare Opportunity to Own 4 Contiguous Parcels just 350 Yards from the Waterfront, Totaling 1.10 Acres & the Entire North End of the Block
- Rare Unit Types, Including One, 4 Bed / 2.5 Bath Unit and Two, 3 Bed / 2 Bath Units
PROPERTY FACTS
No. Units | 18 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 1.10 AC |
Building Size | 13,358 SF |
Average Occupancy | 94% |
No. Stories | 2 |
Year Built | 1956 |
Parking Ratio | 0.9/1,000 SF |
Links
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $548,459 |
Land Assessment | $127,500 | Total Assessment | $675,959 |
zoning
Zoning Code | RM-6, CG (Multifamily & Commercial General) |
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Listing ID: 27223010
Date on Market: 12/1/2022
Last Updated:
Address: 607 6th St W, Palmetto, FL 34221
The Multifamily Property at 607 6th St W, Palmetto, FL 34221 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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