500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
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500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
500 22nd Street
Sold

500 22nd Street

500 22nd Street, Marathon, FL 33050

$1,250,000

Fantastic opportunity for an investor or local business for employee housing! This two story, four unit apartment building is a rarity in Marathon. Offering apartments that are all two bedroom, one bathroom units. They are all currently rented with long-term tenants in place; current rents range from $1,715 - $2,000 per unit. The current market rate rent on these units should be $2,400 + monthly. Separately metered electric for each unit, which tenants pay. There is plenty of parking on-site and a laundry room out back (owner pays utilities for laundry room). If you own a local business and worry about employee retention due to housing, this may be the investment you need to make to secure your longevity.

Contact Listing Agent - Mallory Pinto

8
beds

4
baths

2,780 Sq.Ft. LIVING AREA

6,002 Sq.Ft. lot

Mallory Pinto

Mallory Pinto

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms4
  • full bathrooms4
  • Flooring Tile
  • APPLIANCES Dryer, Washer, Range, Oven
  • other interior Features Cable, Utility Room

Area & Lot

  • Status Sold
  • Living Area2,780 Sq.Ft.
  • Lot Area6,002 Sq.Ft.
  • MLS® ID599200
  • TypeMulti-Family
  • YEAR BUILT1973
  • NeighborhoodMarathon
  • Water Frontage['None']
  • View DescriptionNo Waterview

Exterior

  • Garage Space7.0
  • utilitiesElect Separate Meter, FKAA
  • parkingOff Street Parking
  • AIR CONDITIONINGCeiling Fans(s), Wall/Window Unit(s)
  • Disability FeaturesNone
  • HOA AmenitiesNone
  • security FeaturesPatrolled Area

Financial

  • Sales Price$1,250,000
  • Real Estate Tax $6,040/yr
  • Zoning RH - Residential High

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