Active

$1,250,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 10000 sq ft
Overview
  • ID: MFRO6424306
  • Bedrooms:
  • Bathrooms: 0
  • Size: 10000 sq ft
Property Details
Remarks
Exceptional income-producing mixed-use property located in the heart of downtown Umatilla. This well-maintained 10-unit building features a desirable blend of 6 residential apartments and 4 commercial storefronts, offering diversified revenue streams and strong investment potential. The property underwent a comprehensive renovation approximately 2 years ago, including extensive updates down to the studs, providing investors with the benefits of modernized systems, improved functionality, and reduced maintenance concerns. The commercial spaces are currently leased, creating immediate income, while the residential units contribute additional stable cash flow. Situated in a highly visible downtown location with convenient access to local businesses, dining, and community amenities, this property presents an excellent opportunity for investors seeking a turnkey mixed-use asset in a growing Central Florida market. Highlights include: 10 total units (6 residential / 4 commercial) Established income-producing property Commercial spaces leased Major renovation completed approximately 2 years ago Downtown location with strong visibility and accessibility Diversified tenant mix Ideal addition to an investment portfolio Whether you're expanding your portfolio or seeking a stable mixed-use investment, this downtown Umatilla property offers long-term income potential and value appreciation opportunities.
Financial Considerations
Price:
$1,250,000
HOA Fee:
N/A
Tax Amount:
$20398.39
Price per SqFt:
$125
Tax Legal Description:
N.J. TROWELL'S ADDITION TO UMATILLA PB 4 PG 6 LOTS 3 4 ORB 5126 PG 2000
Exterior Features
Lot Size:
10150
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Mixed Use
Style:
N/A
Year Built:
1952
Construction Type:
Brick
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    80 N CENTRAL AVE
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