Calling all investors!!! Potential of over 7% interest investment, definitely better than the bank interest or maybe even stock. Perfect location for any retail shop, office, nail spa, hair salon, cigar shop, or any kind of business. There are 4 units in one building and all 4 of them are leased, monthly income is approximately $2,300.00. It has the potential of much higher income. Newly painted. Each of these 4 units has its own bathroom, and Unit C has a shower plus plumbed for a sink outside. There are 4 separate electrical meters for each of the 4 units, and only 1 water meter for the whole building. The annual operating expense of $4,500.00 includes property tax, insurance, as well as the water usage which is about $150.00 monthly for all 4 units. Close to the Sanford Historic District and Lake Monroe, off 17 92 and Park Drive. Rare find with tremendous potential, don't wait!
Calling all investors!!! Potential of over 7% interest investment, definitely better than the bank interest or maybe even stock. Perfect location for any retail shop, office, nail spa, hair salon, cigar shop, or any kind of business. There are 4 units in one building and all 4 of them are leased, monthly income is approximately $2,300.00. It has the potential of much higher income. Newly painted. Each of these 4 units has its own bathroom, and Unit C has a shower plus plumbed for a sink outside. There are 4 separate electrical meters for each of the 4 units, and only 1 water meter for the whole building. The annual operating expense of $4,500.00 includes property tax, insurance, as well as the water usage which is about $150.00 monthly for all 4 units. Close to the Sanford Historic District and Lake Monroe, off 17 92 and Park Drive. Rare find with tremendous potential, don't wait!
Features
Building and Construction
Covered Spaces: 0.00
Flooring: Concrete
Living Area: 1770.00
Roof: Shingle
Property Information
Property Condition: Completed
Land Information
Lot Features: Curb and Gutters, City Limits, Paved
Garage and Parking
Garage Spaces: 0.00
Parking Features: Common
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Electric: 200+ Amp Service, Separate Meters
Heating: Central
Road Frontage Type: Business District, City Street
Sewer: Public Sewer
Utilities: Electricity Available, Public
Finance and Tax Information
Home Owners Association Fee: 0.00
Net Operating Income: 0.00
Tax Year: 2023
Other Features
Country: US
Legal Description: All Lot 14 and Nly 2 Inches of Lot 15 Block 1 Dreamwold Plat Book 4 Page 30
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