$199000 / 2740ft2 - 3 N Florida Properties, $20K Yr. 12% Return 12 Miles from the Beach OBO

Sunny North Florida, Owner Retiring, 12 Miles from the Beach, 3 Separate Properties less than 3 miles from each other, 1st a 60' x 660' .91 Acres Wooded Lot + a 3 Big Bedrooms, 1 Bath SFR, 3/1 Brick Zoned Commercial / Residential one Car Detached Garage + Work Shop + Double Carport, + a 4/1 Frame, with a fenced Lot, central A/C, Rents for $800 + $900 month, $1,700 Rent Income per Month, $20,400 per Year. $204,000 Rent Income after 10 Yrs. Vacant and Ready to Move In, Quiet Neighborhoods, Better Than New...!!! Extra Clean, Low maintenance Brick the 3/1, Wood Floors, Low Total Property Taxes $1,200 per Year, Insurance $1,800 Year, Central Area, Close to Everywhere, I-10, I-95, I -295, US1, Minutes from The Beach, St. Johns River, Boat Ramps, Downtown, Shopping, Mayo Clinic, Universities, Airport, laundry Room with Washer and Drier connections, Huge Lot, can park RV's, Boats, Big Trucks, All your Toys, Will take $25K for the .91 Acres Lot; $100K for the 4/1, $75K for the 3/1 Brick or $199,000 for ALL 3 OBO, Management Available, Will Co-Op, Bring All Offers ...!!! Owner Retiring, Call 904-600-4230 Total Income= 1,700 *12 = $20,400 Yr. Property Taxes = $1,200 Yr. Insurance = $1,800 Yr. Net income = 20,400 - 3,000 = $17,600 Annual Income Net Cap rate = 20,400/175,000 = +12 % Annual Return $240,000 Rent Income after 10 Yrs. Asking $25K for the .91 acres Lot, $100K for the 4/1, $75K for the 3/1 Brick or $199,000 for ALL 3 Properties OBO. Owner Retiring, Management Available, Call 904-600-4230

Orlando, FL Real Estate for Sale Offered Posted Over a Month Ago

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