520 S BROADWAY AVENUE, Bartow, Florida, 33830
$650,000
3,767 Sqft
0.18 Acres
0 ba
#S5156077
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,) and so much more.
Annual income is based on (3) 2Bed/1bath units, (1) 1Bed/Bath unit, and (1) studio w full bath. Total income is $6,650 Month $79,800.00 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.
PROPERTY FEATURES
- Utilities : Electricity Available, Public, Water Connected
- Water Access : 0
- Sewer : Public Sewer
- Lot Features : Curb and Gutters, Historic District, City Limits, Sidewalk, Paved
- Road Surface Type : Asphalt, Paved
- Zoning : R-3
PROPERTY DETAILS
ID: S5156077
Status: Active
Price: $650,000
Acres: 0.18 Acres
Price Per Acre: $3,611,111
Type: Other
Address: 520 S BROADWAY AVENUE
City, State: Bartow, Florida
County: Polk
Zip Code: 33830
Lat/Long: 27.892385, -81.842975
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