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$650,000

0 Beds 0 Baths 3,767 SQFT 0.18 Acres
Type: Commercial

520 S BROADWAY AVENUE
BARTOW, FL 33830

MLS#: S5156077
Nikki Ritter
Nikki Ritter
The Real Estate Advantage
Realtor
Phone: 701.609.7835
Office: 651.272.4688
Presented by: CENTURY 21 MYERS REALTY with 863-875-5656. - 863-875-5656

Property Description

 

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,) and so much more. Annual income is based on (3) 2Bed/1bath units, (1) 1Bed/Bath unit, and (1) studio w full bath. Total income is $6,650 Month $79,800.00 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.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
BasementCrawl Space
FlooringCarpet, Vinyl
Heating Y/NYes
Total Stories2
Window FeaturesBlinds

General

Additional Parcels Y/NNo
AppliancesRefrigerator
Building Area Units0 sqft
CityBARTOW
Construction MaterialsWood Frame
CoolingCentral Air, Wall/Window Unit(s)
CountyPolk
DirectionsFrom Hwy 60 and Broadway, turn (SOUTH) on Broadway and property will be on the (LEFT)
DockY/NNo
Facing DirectionWest
Flood Zone CodeX
Flood Zone Code XY
HeatingCentral
Legal DescriptionBEG 264 FT S OF NW COR OF NW1/4 RUN E 150 FT S 73 FT W 150 FT N TO BEG
LevelsTwo
Listing TermsCash
Living Area Units0 sqft
Lot Size Square Feet7,623 sqft
Lot Size UnitsSquare Feet
MLS Area33830 - Bartow
New ConstructionNo
Number Of Units Total5
OwnershipFee Simple
Pets AllowedNo
PossessionClose Of Escrow
Property ConditionCompleted
Property SubtypeMulti Family (5+)
Property TypeCommercial Sale
RoofShingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameBUCKS ADD
Tax Annual Amount$8,249
Tax Lot11
Tax Year2025
UtilitiesElectricity Available, Public, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1910
ZoningR-3

Exterior

Building Area Total4,285 sqft
Foundation DetailsCrawlspace
Lot Dimensions73 x 105
Lot FeaturesCurb and Gutters, Historic District, City Lot, Sidewalk
Lot Size Acres0.18
Lot Size Area7,623 sqft
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Water Meters1
Road Frontage TypeStreet Paved, City Street
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved, Asphalt
VegetationOak Trees
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$650,000

0 Beds 0 Baths 3,767 SQFT 0.18 Acres
Type: Commercial

520 S BROADWAY AVENUE
BARTOW, FL 33830

MLS#: S5156077
Nikki Ritter
Nikki Ritter
The Real Estate Advantage
Realtor
Phone: 701.609.7835
Office: 651.272.4688