$1,295,000
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MLS# O6175520 is a $1,295,000, 6,922 square foot, 162 bedroom, 81.0 bath home on a 0.72 acre lot located in Lake City, FL.
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.
Appliances | Range Refrigerator |
Interior Features | Ceramic Tile Hardwood Crawlspace Slab Unfurnished Common Area |
Cooling Types | Wall/Window Unit(s) |
Heating Types | Wall Units / Window Unit |
Exterior Features | Lighting Other Outbuilding(s) Dirt Paved Closed Circuit Camera(s) Security System Owned Smoke Detector(s) None Electricity Sewer Trash Collection Water Cable Connected Electricity Connected Fire Hydrant Sewer Connected Street Lights Water Connected Aluminum Frames |
Construction Types | Block Wood Frame |
Water Source | Public |
Sewer | Public Sewer |
Property Type | Residential Income |
Property Sub Type | Multi-Family |
Style | One |
Year Built | 1945 |
HOA Fee | $0.00 |
Taxes | $4,195.00 |
County | columbia |
Neighborhood | Lake City |
Based on information from Stellar MLS, last updated 07/26/2024 at 07:29pm MDT. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.