Home » Sebring » 610 S Pine St, Sebring, FL 33870 | A11436286

610 S Pine St, Sebring, FL 33870 | Sold

$299,900
closed for a price of $290,000

Property Highlights

Listing ID A11436286 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Triplex Year Built 1926 Time of this property from published date until Closing Date 57 Days
29 Photos of this Property

610 S Pine St, Sebring, FL 33870

Property Description: Triplex located in the heart of the vibrant Downtown Sebring is a gem in the world of real estate investment. Boasting a solid 10% cap rate, fully rented units, a newer roof, improved exterior, and the potential for expansion up to 10 units, it presents an excellent return for investors seeking to capitalize on a dynamic and growing market. Its strategic location, separate parking, and separate utilities paid by tenant score in its value, making it an opportunity that shouldn 't be missed for those looking to secure their financial future through real estate investments. Scheduled showing upon executed contract.

Useful Info

Contingency:Pending Inspections
Original List Price:$299,900
Close Price:$290,000

Lease Details

Rent Includes:
  • Gardener

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Levels:Two
Construction Materials:
  • Frame
Flooring:
  • Vinyl
Stories:2
Possible Use:
  • Investment

Property Features

Waterfront:No
Roof:
  • Shingle
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Wall Furnace

Taxes and Expenses

Tax Annual Amount:$2,137

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022

Terms

Documents Available:
  • Financials
  • Lease
Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
Occupant Type:
  • Tenant
Buyer Possession:
  • Other
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Subdivision Name:Downtown Sebring
Senior Community:No

Parking

Parking Total Spaces:3
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax Information: Tax Reflects No Exemptions
Buyer Country of Residence: USA
Buy State: Florida
Type of Association: None
Style: Triplex

Zoning and Legal

Tax Legal Description:TOWN OF SEBRING 2ND ADD TB-PG 7 LOT 10 BLK 78
Real Estate Folio Number (Parcel Number):S-29-34-29-070-0780-0100
Zoning Description:Multi

Listing History

Update/EventDate/Days
Published Date:August 15, 2023 11:43 am
On Market Date:August 15, 2023
Close Date:October 11, 2023
Price Change Date Time:August 15, 2023 11:43 am
Last Important Update Description:Closed
Date and Time of Last Important Update:October 11, 2023 12:25 pm
Status Last Changed:October 11, 2023 12:25 pm
Photos Last Modified:August 15, 2023 4:22 pm
Last Modified:October 11, 2023 4:26 pm
Days on the Market (updated on Last Modified*):17
Cumulative Days on the Market (updated on Last Modified**):17

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos Count:29
Geographical Area:Other Geographic Area (Out Of Area Only)
Area:5940 Florida Other
Ref ID:1041365241
Automated Valuation Display:Yes
Courtesy of:IBuy SFL
Universal Property Id:US-12055-N-S29342907007800100-R-N

Location

Show Property Address:Yes
Street Name:Pine St
Street Number:610
Street Direction Prefix:S
Street Address:610 S Pine St
City : Sebring
State : Florida
Zip Code : 33870
County : Highlands County
Full Address:610 S Pine St, Sebring, FL 33870
Latitude:N27° 29' 34.5''
Longitude:W82° 33' 36.8''

Neighborhood

Postal City:Sebring

Property Map