Sunny North Florida, Owner Retiring, 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 60' x 600' .83 acres lot, 3rd a 3 Big Bedrooms, 1 Bath All Brick House, Zoned Residential / Commercial, Work Here or Live Here, Corner Lot, 1 Car Detached Garage + Workshop + 2 Car Carport, 4th a 4/1 Frame house ( can be easily converted to a 4/2 ) , Central Heat + A/C, Rents for $1,800 Rent Income per Month, $21,600 per Year. $216,000 Rent Income after 10 Yrs. Properties Vacant & Ready to Move In, Quiet Neighborhoods, Better Than New...!!! Extra Clean, Low maintenance 3/1 Brick, 4/1 Frame, Wood Floors, Low Total Property Taxes $600 + $600 per Year, Insurance $700 + $600 Year, Central Area, Close to Everywhere, I-10, I-95, I -295, US1, 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's, Boats, Big Trucks, All your Toys, Will take $35k for the .91 acres or .83 Acres, $110K for the 4/1 or $85K for the 3/1 All Brick House Residential / Commercial or $250,000 for ALL 4 OBO or Will Consider Trades, Management also Available, Will Co-Op, Bring All Offers or Trades...!!! Owner Retiring, show contact info
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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 Annual Income
Cap rate = $21,600/250,000 = 10+ % Annual Return
$216,000 Rent Income after 10 Yrs. Owner Retiring
Asking $35,000 for the .91 Acres Lot or .83 Acres Lot
Asking $110,000 OBO for 4/1 ( Easily 4/2 )
Asking $85,000 OBO for 3/1 All Brick House
Asking $250,000 OBO for ALL 4 Properties
$216,000 Rent Income after 10 Yrs.
Owner Retiring, Call show contact info