INVESTORS! This is a portfolio of 6 duplexes. All of the duplexes are within a 1/4 mile radius, and they were built in pairs of two. Owner is willing to separate. The buildings are in excellent condition. Annual leases, however if the property sells and transfers ownership the new owner will not be bound by the lease. The leases state, "that in the event that the property does sell, the lease will terminate early, at landlords option, and the tenants will be given written notice to vacate within 60 days of closing. " Offered as a portfolio for $1,150,000. Can expect an 8% - 9% Cap rate with room to grow. Similar building's with same floor plan's in Deep Creek have brought upwards of $1,075 per unit.
Multi-familyProperty Type
2003Year Built
0.53 acresLot Size
$222Est. Price/Sq.Ft.
1 car garageParking
Listed by Kyle Tenbusch
Bought with JOHN ZUCLICH• DOUGLAS REALTY & DEVELOPMENT
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
0.53 Acres
Year renovated
2003
Sq. Ft.
2,042
Year built
2003
Style
Multi-Family (2-4 Unit)
County
Charlotte County
APN
402309105001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 23, 2026.
RMF15
Residential Multifamily District
The purpose and intent of this district is to offer low- or high-density residential with emphasis on multifamily use.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Communications tower
Housing-Mobile home park
Park & open space
Apr 25, 2023 • Final
Residential roofing
Remove and replace shingles on a residential duplex.
Roofing
Aug 21, 2010 • Final
Residential duplex
Construct a new duplex row house.
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Garage Dimensions: 16x18
Garage Spaces: 1
Has Attached Garage
Has Garage
Interior
Virtual Tour
Heating & Cooling
Heating Information: Central, Electric
Cooling Information: Central Air
Multi-Family Financial Information
Gross Income: $20,100
Annual Net Income: 16250.00
Total Annual Fees: $125
Total Monthly Fees: $10.42
Multi-Unit Information
# of Units (Total): 2
# of Units: 2
Unit Type 1 Information
Unit Type: Efficiency
# of Bathrooms: 1
# of Bedrooms: 1
Unit Type 2 Information
# of Units: 2
# of Bathrooms: 2
# of Bedrooms: 2
Exterior
Building Information
Construction Materials: Block, Stucco
Roof: Shingle
Exterior Features
Patio And Porch Features: Covered, Deck, Patio, Porch