INVESTOR RELOCATION means you can CASH IN! Long time tenants in place for INSTANT INCOME and the property is located in the OPPORTUNITY ZONE so investors may be able to access capital gains TAX INCENTIVES both immediately and over the long term. Property is functioning as a legal multifamily dwelling but the T4-R (General Urban Restricted) zoning will allow for mixed use such as medical clinic, vet office, bed & breakfast as well as other possible special uses. Property is situated steps away from a laundromat, grocery store, restaurants, bus lines, and other new construction. Property was re-roofed less than 2 years ago, freshly painted outside last year, 2018 taxes were only $1309, and tenants pay their own utilities with separate water & electric meters for each unit so expenses are minimal. Tenants are paying $580 for the 2/1 and $760 for the 4/1 but are MONTH TO MONTH so a rent increase is possible and both are current and would like to stay. At this price this one is a no brainer, don’t get left behind. MOTIVATED SELLER is READY to close.
Electricity Connected, Sewer Connected, Water - Multiple Meters
Central Air, Wall/Window Unit(s)
Cement Siding, Stucco, Wood Frame
|Price Reduced from $140,000 to $120,000|
Real Estate Match Usa.
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Listing data comes from My Florida Regional MLS DBA Stellar MLS.
Listing information last updated on October 14th, 2019 at 9:30pm EDT.