520 S BROADWAY AVE, BARTOW, FL, 33830
$650,000
Commercial Sale
|
Living Area
3,767 Sqft
|
Lot Size
7,623 Sqft
|
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.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRS5156077 | Year Built: | 1910 | |
| Appliances: | Refrigerator | Basement: | Crawl Space | |
| Construction Materials: | Frame | Cooling: | Central Air, Wall/Window Unit(s) | |
| Country: | US | County Or Parish: | Polk | |
| Direction Faces: | West | Flooring: | Carpet, Vinyl | |
| Foundation Details: | Crawlspace | Heating: | Central | |
| Levels: | Two | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash | Lot Features: | Curb and Gutters, Historic District, City Limits, Sidewalk, Paved | |
| Pets Allowed: | No | Possession: | Close Of Escrow | |
| Property Condition: | Completed | Property Sub Type: | Multi-Family 5+ | |
| Property Type: | Commercial Sale | Road Frontage Type: | City Street | |
| Road Responsibility: | Public Maintained Road | Road Surface Type: | Asphalt, Paved | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | Call Listing Agent, Listing Agent Must Accompany, ShowingTime | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Electricity Available, Public, Water Connected | Vegetation: | Oak Trees | |
| Water Source: | Public | Window Features: | Blinds | |
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