Active

$625,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1516 sq ft
Overview
  • ID: MFRTB8421933
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1516 sq ft
Property Details
Remarks
Exceptional multi-family opportunity! This property features two detached structures on one lot. The front house offers 2 bedrooms, 1 bathroom, plus a dedicated office, while the second structure is a versatile two-story one-bedroom house with a garage downstairs. Both residences have been thoughtfully renovated with new electrical, new HVAC systems, and updates that meet all 4-point inspection standards. Located in a non-flood zone and unaffected by recent hurricanes or flooding, this property ensures peace of mind for both investors and tenants. Currently leased with strong rental history, there’s still room to increase rents and maximize cash flow. The real value lies in the zoning—designated Multi-Family (10 units or less), providing tremendous potential for future development or expansion. Whether you’re seeking a turn-key income property or a long-term investment with development upside, this is an opportunity you won’t want to miss!
Financial Considerations
Price:
$625,000
HOA Fee:
N/A
Tax Amount:
$2633.65
Price per SqFt:
$412.27
Tax Legal Description:
PINE CITY SUB REPLAT BLK 11, LOT 10
Exterior Features
Lot Size:
6365
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway
Roof:
Membrane, Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Electric
Cooling:
Ductless, Wall/Window Unit(s)
Appliances:
Convection Oven, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Furnished:
No
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Half Duplex
Style:
N/A
Year Built:
1924
Construction Type:
Block, Stucco, Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting, Other, Private Mailbox, Rain Gutters, Storage
Additional Features 2:
N/A
Map
  • Address
    1668 28TH AVE N
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