Kelly Whiteman - The Whiteman Team
162 beds
1945
6,922 sqft
Charming Development with 10 buildings and 10 tenants in place in this stable asset. With large upswing there is additional building that is waiting to be renovated the current owner has already gutted so it is easy redo. That unit will bring in approx. additional $1725 per month. The current owner has gone though 8 of the units and renovated the other two units the tenants have been there for years they are paying current rates they seem to love their homes they way they are. Also there is a existing pad with electric and plumbing just waiting for additional unit to be put in place for even more Cash Flow. The property has complete camera system so ownership may always be able to check their investment for their anytime anyplace. The current long term owner has made sure this investment will have no deferred maintenance. This amazing Cash Cow is located right off Historic Downtown Lake City, walking distance to the VA Hospital, and the Lake Soto Park. Lake City is experiencing growth like the rest of the State and limited housing. Please do not enter property without Appointment this is a Quite Sale.
Status:
Active
Type:
Multi-family
Furnished Remarks:
Unfurnished
Laundry Remarks:
Common Area
Units:
12
Subdivision:
LAKE CITY
Heating:
Wall Units / Window Unit
Cooling:
Wall/Window Unit(s)
Acreage:
0.72
Est. Taxes:
$4,195
Construction
Block, Wood Frame
Utilities
Cable Connected, Electricity Connected, Fire Hydrant, Sewer Connected, Street Lights, Water Connected
Days on Market:
2
Appliances:
Range, Refrigerator
Lease Term Type:
12 Months
MLS #:
O6175520
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Coldwell Banker Realty Phone: 407-647-1211