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Multi-family For Sale
$1,349,000

BTC: 21.07779566

ETH: 430.64782330

91 days
162 bds
6,922 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1945
Lot:
0.72 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$195
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Tile

    • Engineered Hardwood

    Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Range

    • Refrigerator

    Other interior features

    • Living Room/Dining Room Combo

    Bedrooms and bathrooms

    • Bedrooms: 162

  • Property

    • Levels: One

    • Exterior Features: Outbuilding / Lighting / Other

    Lot

    • Lot: 0.72 Acres

    Other Property Information

    • Parcel Number: 00000010890000

    • Zoning: MULTI-FAMI

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Cable Connected

    • Electricity Connected

    • Fire Hydrant

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,195

  • Source details

    • MLS ID: O6175520

    Other facts

    • Construction Materials: Block / Wood Frame

    • Foundation Details: Crawlspace / Slab

    • Laundry Features: Common Area

    • Window Features: Aluminum Frames

    • Living Area: 6922

    • Water Source: Public

    • Subdivision Name: LAKE CITY

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY