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Home For Sale

Picture of Home For Sale in Madison, Florida, United States

$550,000

1960 W US 90
Madison, Florida, United States

240bd 168ba

Listed By: Realtyww Info

Listed On: 08/18/2024

Listing ID: GL11573440 View More Details

Description

10 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!

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Listed by: Henry Mahan