THREE individually deeded 1st Floor 1-BDRM Condos being offered as a "PACKAGE DEAL" at Popular and HIGHLY Sought after "Pinewood Estates". All three units occupied by wonderful, stable/long term tenants. (All are Tenants at Will) with units ranging from 452 to 456 square feet each. Security entrances, wall A/C units, common laundry on same floor, In-Ground pool, well-manicured grounds and lots of parking. Heat and hot water included in HOA fee (tenants pay electric). Ideal investment opportunity for the investor that seeks true "Hands Off" ownership. All residents would love to stay in place. Current Annual Gross $36,900.00 with $16,019.00 expenses (includes all taxes and HOA fees) NET $20,881.00 with potential to increase to $37,261.00 NET using Section 8 cap of $1,480/month for 1 bedroom units with heat/hot water included. 24 Hour notice a MUST !!!!

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Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 20, 2025 12:37 PM EDT

 

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