, Lake City, FL 32055
- $1,295,000
- $1,349,000
Description
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.
Address
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Address:
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City: Lake City
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State/county: FL
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Zip/Postal Code: 32055
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Country: US
Details
Atualizado em setembro 13, 2024 no 8:59 pm-
Property ID O6175520
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Price $1,295,000
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Property Size 6922 m²
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Land Area 0.72 m²
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Bedrooms 162
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Bathrooms 81
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Garage Size x x
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Year Built 1945
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Property Type Multi-Family, Residential Income
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Property Status Canceled
Additional details
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Listing Terms Cash,Conventional
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Roof Metal
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Utilities Cable Connected,Electricity Connected,Fire Hydrant,Sewer Connected,Street Lights,Water Connected
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Sewer Public Sewer
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Cooling Wall/Window Unit(s)
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Heating Wall Units / Window Unit
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Flooring Ceramic Tile,Hardwood
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County Columbia
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Property Type Residential Income
Features
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