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5172 Lynch Drive
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PRICED AT ONLY: $575,000

Address: 5172 Lynch Drive, Marianna, FL 32446

Description

Prime 5.9 acre Multi Family Investment Opportunity North of Marianna, FL! Don't miss this outstanding income producing property located just north of Marianna on paved Lynch Drive. This multi family setup features two brick duplexes and one 1989 mobile home, totaling five rental units. Each duplex unit offers 2 bedrooms and 1 bath, with new roofs installed in 2019a solid, low maintenance investment. The mobile home adds even more value with 3 bedrooms and 2 baths. All units are currently rented, providing consistent cash flow from day one. According to Jackson County Planning & Zoning, the property allows for 2 units per acre, making future development a possibility. Plus, the current owner has already installed two additional water hookups that are not yet in useperfect for potential expansion. This well maintained property is an excellent addition to any investment portfolio. Take advantage of this rare opportunity to own a versatile, income generating asset in a desirable location. Contact us today to learn more and schedule a tour!
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  • MLS#: 773544 ( CommercialSale )
  • Street Address: 5172 Lynch Drive
  • Viewed: 6
  • Price: $575,000
  • Price sqft: $112
  • Waterfront: No
  • Year Built: 2000
  • Bldg sqft: 5126
  • Days On Market: 291
  • Acreage: 5.90 acres
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Trash Expense: 0.00
Other Features
  • Legal Description: 18-5N-09-0277-0000-0028; OR 270 P 678 COMM AT NWC OF LOT 2 MARGENE SUBDV, RUN E 364.18 FT TO BEGIN, RUN E 625.82 FT TO E LINE OF LOT 4, S 6* W 424.26 FT, W ALONG N SIDE OF RD 626.35 FT, N 7* E 404.02 FT TO POB. BEING A PART OF LOT 2, LOT 3 & S1/2 OF LOT 4 MARGENE SUBDV. IN SECT 17... OR 329 P 776 OR 402 P 505 OR 658 P 306
  • Area Major: 09 - Jackson County
  • Occupant Type: Occupied
  • Parcel Number: 18-5N-09-0277-0000-0028
  • Possible Use: MultiFamily
  • The Range: 0.00
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