Active

$395,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 1770 sq ft
Overview
  • ID: MFRO6236802
  • Bedrooms:
  • Bathrooms: 0
  • Size: 1770 sq ft
Property Details
Remarks
Back on market! Calling all investors!!! Potential of over 7% interest investment, definitely better than the bank interest or maybe even stock. Perfect location for any retail shop, office, nail spa, hair salon, cigar shop, or any kind of business. There are 4 units in one building and all 4 of them are leased, monthly income is approximately $2,300.00. It has the potential of much higher income. Newly painted. Each of these 4 units has its own bathroom, and Unit C has a shower plus plumbed for a sink outside. There are 4 separate electrical meters for each of the 4 units, and only 1 water meter for the whole building. The annual operating expense of $4,500.00 includes property tax, insurance, as well as the water usage which is about $150.00 monthly for all 4 units. Close to the Sanford Historic District and Lake Monroe, off 17-92 and Park Drive. Rare find with tremendous potential, don't wait!
Financial Considerations
Price:
$395,000
HOA Fee:
N/A
Tax Amount:
$1824
Price per SqFt:
$195.35
Tax Legal Description:
All Lot 14 and Nly 2 Inches of Lot 15 Block 1 Dreamwold Plat Book 4 Page 30
Exterior Features
Lot Size:
7261
Lot Features:
Curb and Gutters, City Limits, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Common
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
Concrete
Levels:
One
Additional Features
Property Sub Type:
Retail
Style:
N/A
Year Built:
1960
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    2510 S OAK AVE
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