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favorite this post 7br - 2740ft2 - Florida 1.74 Acres +4/1 +3/1 Brick +Garage 12 Miles from the Beach OBO hide this posting unhide

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Springfield Ct N at Main St

(google map)

7BR / 2Ba 2740ft2 available mar 31

house
laundry on site
detached garage

It is available...!!! Sunny Florida for Trade, 20 Minutes / 12 Miles from the Beach: 4 Separate properties less than 3 miles from each other, 1st a 60' x 660' .91 acres Wooded lot, 2nd a 1st a 60' x 600' .83 acres Wooded lot, 3rd a 3 Big Bedrooms, 1 Bath SFR, 3/1 All Brick House Zoned Commercial / Residential, Live Here or Work Here, One Car Detached Garage + Work Shop + Double Carport, 4th a 4/1 Frame Home Easily Converted to a 4/2, with a fenced Lot, Central Heat + A/C, Rents for $1,800 Rent Income per Month, $21,600 per Year. $216,000 Rent Income after 10 Yrs. Properties Ready to Move In, Rent it or Move In, Quiet Neighborhood, Better Than New...!!! Extra Clean, Low maintenance Brick, Wood Floors, LOW Property Taxes $1,200 per year, LOW Insurance $1,300 Year, Central Area, Close to Everywhere, I-10, I-95, I -295, US1, 20 Minutes from the Beach, Boat Ramps, St. Johns River, Downtown, Shopping, Universities, laundry Room with Washer and Drier connections, Fenced back yard, Huge Lot, can park RV, Boats, Big Trucks, All your Toys, Will Co-Op, Bring all Offers or Trades...!!! Asking $250,000 for ALL 4 OBO Motivated Owner Retiring, Management Available, Call show contact info

Total Income= 1,800 *12 = $21,600 Yr.
Property Taxes = $1,200 Yr.
Insurance = $1,300 Yr.
Net income = 21,600 - 2,500 = $19,100 Yr.
Cap rate = 21,600/250,000 = 10% Annual Return
$216,000 Rent Income after 10 Years.
Ready to Move In, Please call show contact info to set up showing! Thanks!
  • do NOT contact me with unsolicited services or offers

post id: 6838524941

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