1960 W Us 90
$300,000
1960 W Us 90, Madison, FL 32340
10,000 sqft
Building Size
12
Units
Details:
Highlights:
- Documents Available: Existing Survey
- Cooling: Other, Wall/Window Unit(s)
- Heating: Electric, Other
- Flooring: Carpet, Vinyl, Wood
- Construction Materials: Frame, Manufactured/Mobile Home
Description:
Florida 14 CAP Investment w/ Huge Upside! Three manufactured triplex's and a CBS are on one acre of the property, leaving 4+ acres available to add more rentable units or new development. Zoned, as of right to build up to 1 home per acre, with no max size limits. Folio also includes 127 SW MEETING AVE., a 1552 sq/ft two story duplex on a 0.058 acre lot. Monthly Gross = $6,737. Tenants pay utilities; Owner pays landscaping. No vacancies. Units are cash flowing and can be renovated to increase returns. 2700 sq/ft CBS building zoned as daycare daycare rented well below market rates can be converted into another triplex. Tenants supply ALL appliances. Easy maintenance! Huge Upside; Many opportunities to convert from cash flow to a CASH COW! Motivated; Make an offer, won't last long! DONT DISTURB TENANTS!
Location
