favorite this post 3br - 1240ft2 - Florida .91 Acres +3/1 Brick +Garage 12 Miles from theBeach 10% Return hide this posting unhide

Springfield Ct N at Main St

(google map)

3BR / 1Ba 1240ft2 available mar 31

w/d hookups
detached garage

It is available. Sunny Florida, 2 Separate properties, less than 3 miles from each other, 1st a 60' x 660' .91 Acres lot, 2nd a Remodeled, 3 Big Bedrooms, 1 Bath, 3/1 All Brick House Zoned Commercial / Residential, Live Here or Work Here, + One Car Detached Garage + Work Shop + Double Carport, Corner Lot, A/C, Rents for $800 month, $9,600 per Yr. Rent Income, $96,000 Rental Income after 10 Years. +10% Annual Return, Owner Retiring, Rent it 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, 12 Miles / 20 Minutes from The Beach, Boat Ramps, St. Johns River, Downtown, Shopping, Universities, Big Laundry Room with Washer and Drier connections, Fenced back yard, Huge Lot, can park RV, Boats, Big Trucks, All your Toys, Asking $99,000 for BOTH OBO Motivated Owner, Make Offer, Management Available, Owner Retiring, Call show contact info

Total Income= 800 *12 = $9,600 Yr.
Property Taxes = $550 Yr.
Insurance = $400Yr.
Net income = $9,600 - 950 = $8,650 Yr.
Net Cap rate = $9,600/99,000 = 10 % Annual Return
$96,000 Rent Income After 10 Years.
Please call show contact info to set up showing! Thanks!
  • do NOT contact me with unsolicited services or offers

post id: 6835483996


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