Sunny North Florida, 12 Miles from the Beach, 2 Separate properties, less than 3 miles from each other, 1st a 60' x 660' .91 Acres lot, 2nd a 3 Big Bedrooms, 1 Bath, a 3/1 Brick Zoned Commercial / Residential, Live Here Work Here, One Car Garage + Work Shop + Double Carport, Corner Lot, A/C, Rents for $750 Month $9,000 Yr. $90,000 Rent Income After 10 Years. 10% Annual Return, Owner Retiring, Keep Rented or Move In, Quiet Neighborhood, Better Than New...!!! Extra Clean, Low maintenance Brick, Wood Floors, Low Property Taxes $550 per year, Insurance $400 Year, Central Area, Close to Everywhere, I-10, I-95, I -295, US1, 20 Minutes from the Beach, Boat Ramps, St. Johns River, Downtown, Shopping, Universities, laundry Room with Washer and Drier connections, Corner Lot, can park RV, Boats, Big Trucks, All your Toys, Will Co-Op, Bring all Offers or Trades ...!!! Asking $25K for the .91 Acres, $75K for the 3/1 Brick or $99,000 OBO Motivated Owner Retiring, looking for Serious Cash Buyers ... Management Available, No RTO, NO Owner Finance, Call show contact info
Total Income= 750 *12 = $9,000 Yr.
Property Taxes = $550 Yr.
Insurance = $400Yr.
Net income = 8160 - 950 = $8,050 Yr.
Net Cap rate = 9,000/99,000 = 10 % Annual Return
$90,000 Rent Income After 10 Years.
Please call show contact info
to set up showing! Thanks!
do NOT contact me with unsolicited services or offers