Active

$1,000,000

Features:
  • 7 Bedrooms
  • 9 Bathrooms
  • 5900 sq ft
Overview
  • ID: MFRO6292184
  • Bedrooms: 7
  • Bathrooms: 9
  • Size: 5900 sq ft
Property Details
Remarks
An exceptional investment opportunity awaits with this beautifully maintained, five-unit residential enclave. Nestled on a sprawling 1.27-acre lot, this rare multi-family compound combines immediate cash flow with significant upside, projecting a potential annual gross income of $100,000+. The property has been thoughtfully upgraded for peace of mind, featuring a brand-new roof on the primary duplex, a newly installed drain field, a comprehensive electrical overhaul across all units, and a fully modernized community well system. A perimeter block wall ensures a sense of privacy and seclusion from the street for all residents. The Residences Unit A: A charming, 400 sq. ft. standalone cottage offering 1 bed/1 bath ($1,200/mo) Units B & C: A classic duplex featuring two comfortable 2-bed, 1-bath units ($1,300/mo each) Unit D: A spacious 1,800 sq. ft. 3-bed, 2.5-bath home with a 2-car garage. Recently refreshed and ready for occupancy at a projected $2,500/mo Unit E: A matching 1,800 sq. ft. 3-bed, 2-bath retreat with a private carport, also poised for a $2,500/mo rental Bonus Structure: An additional standalone 3-bay building offers incredible potential for owner storage or additional rental revenue. With utilities (power and well water) included in the current structure and meticulously maintained grounds, this "turn-key" portfolio is a dream for the savvy investor looking for scale and stability or an all inclusive family compound!
Financial Considerations
Price:
$1,000,000
HOA Fee:
N/A
Tax Amount:
$5485
Price per SqFt:
$169.49
Tax Legal Description:
W 230 FT OF S 270 FT OF E1/2 OF SE 1/4 OF SE1/4 (LESS S 30 FT FOR RD) OF SEC 02-21-28
Exterior Features
Lot Size:
55201
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
7
Bathrooms:
9
Heating:
Central
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
Refrigerator
Furnished:
No
Floor:
Tile
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1963
Construction Type:
Other, Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
Storage
Additional Features 2:
N/A
Map
  • Address
    1661 VOTAW RD
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