Great opportunity to own an Income-producing property with 2BR/1BA main home + separate 1BR1BA studio, both tenant occupied and currently generating $2,150/month ($25,800/year) in combined gross rent. Both units remodeled within the last 2 years with updated flooring/carpet, paint, fixtures & more. Studio features separate breaker panel, upgraded electrical &… Read More water heater. Main house New roof 2017, HVAC 2017, Water Heater 2018. Excellent opportunity to acquire an occupied rental with two existing income streams. At a $185K, current rents equal approximately 14.7% gross annual yield before expenses. OR what a Great option to purchase it as your own home and Rent the 1 bedroom studio or use it as a mother-in-law suite. Do not disturb tenants. Showings by appointment only. Buyer to verify zoning, permitting, measurements & intended use. Tenants mentioned flexibility on their move out dates for potential occupancy at closing. Read Less
This data up-to-date as of . Listing courtesy of KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE.
Listing Snapshot
Days Online
27
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,176
Lot Size
0.2 Acres
Year Built
1955
MLS Number
2163054
Additional Details
Property Access
Frontage Type: City Street, Road Surface: Paved
Appliances & Equipment
Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Building
Built in 1955, Living area: 1176.0, Construction Materials: Frame, Vinyl Siding
Cooling
Central Air
Exterior Features
Patio/Porch Features: Covered, Front Porch
Fence
Back Yard, Chain Link, Full, Wood
Floors
Carpet
Heating
Central
Laundry
Electric Dryer Hookup, In Unit, Washer Hookup
Lot
0.2 acres
Parking
Additional Parking, Off Street
Property
Updated/Remodeled, Other structures: Shed(s), Trees/Woods
Data last updated . Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Joi Perkins is a real estate agent affiliated with Compass. Compass Florida, LLC d/b/a Compass is a licensed real estate broker and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. Data last updated:
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