$875,000

About This Property

INSTANT CASH FLOW! Just a couple blocks from new Amazon facility being built, so there will always be rental opportunities. This 10-unit property currently includes 8 buildings (1 triplex, plus 7 cottages). All units are one-bedroom/one-bath. Huge lot includes 128’x79’ (approx.) of vacant land at the end of the property. Buildings are various ages built between 1925 to 1962. Sold As-Is and seller will not be making any repairs – please request the disclosures prior to scheduling a showing. Price reflects current condition and is based on current net income of $72K. Four concrete block cottages with garages that have washer/dryer hookups, the rest are wood frame with no garages or laundry hook-ups. The triplex has a garage that is currently being used as the owner’s workshop/storage. All units are currently rented – some on leases, others are month-to-month (with some being rented under market value). Do NOT disturb tenants. Showings by appointment only. This large 49,524 sq ft lot (1.14 acres) is not in a flood zone and is close to shopping and the interstate. See the virtual tour for drone video of the property.

infoProperty Details

Property Type

Residential Income

Year Built

1959

Living Area

4,948 sqft

Lot Size

1.14 acres

Bathrooms

0

Garage Spaces

4

Ownership

Fee Simple

Days on Market

35

List Date

chairInterior Features

yardExterior & Lot

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Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

KELLER WILLIAMS GULF BEACHES

727-367-3756