Type:Multi-Family
Zone:Commercial

Description

FL10 CAP w/ Huge Upside!
Three manufactured triplex's and a CBS are on one acre of the property, leaving 4+ acres available to add more rentable units. Zoned, as of right to build up to 1 home per acre, with no max size limits.
Folio also includes 127 SW MEETING AVE., a 1552 sq/ft two story duplex on a 0.058 acre lot.
Monthly Gross = $6,737. Tenants pay utilities; Owner pays landscaping. No vacancies.
Units are cash flowing and can be renovated to increase returns. 2700 sq/ft CBS building zoned as daycare daycare rented well below market rates can be converted into another triplex.
Tenants supply ALL appliances. Easy maintenance!
Huge Upside; Many opportunities to convert from cash flow to a CASH COW!
Motivated; Make an offer, won't last long!
DONT DISTURB TENANTS!

  • Property Details
      • Lot Description5 To Less Than 10 Acre Lot
      • Structure TypeManufactured/Mobile Home
      • CountyOther Florida County
      • SubdivisionMADISON COMPLEX
      • Property TypeMulti-Family
      • Sewer InformationSeptic Tank
      • MLS #A11620181
      • MLS #A11620181
      • Property SubtypeTriplex
      • Cost450000
      • Year Built2001
      • Stories1
      • Waterfront1

Location

Nirmala EmaniReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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