15503 NW Chipola Street #15953
Altha, FL 32421
5
Bed
3
Bath
0.34Acre(Lot)
Excellent Investment Opportunity with Two Income-Producing Properties! Expand your real estate portfolio with this versatile property featuring two rental homes, or live in one and rent the other for additional income. Located in a quiet small-town setting, these easy-to-manage rentals currently generate a combined monthly rental income of $1,725, with the 2-bedroom, 1-bath home renting for $800 per month and the 2019 3-bedroom, 2-bath single-wide mobile home renting for $925 per month. Current gross annual rental income: $20,700. The 1,055± SF house is situated on a desirable corner lot, while the 1,176± SF 2019 single-wide mobile home is tucked behind a natural tree line for added privacy and features a covered back deck--perfect for relaxing and enjoying the peaceful surroundings. Co
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Rooms Total: 5Roofing Information
Metal -
Interior Features
Roof: MetalAppliances: ElectricRange -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1954Building Area Total: 2231Construction Materials: WoodSiding, WoodFramePatio And Porch Features: Covered, PorchPrivate Pool: No
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Lot Information
Lot Dimensions: 100 x 150 and 100 x144 Main Square Feet: 0.34 Lot Size Acres: 0.34 Lot Size Square Feet: 14,810 Lot Description: PavedProperty Information
Subdivision: No Named Subdivision Source Property Type: Residential MLS Area Minor: 0601 - Calhoun NE Zoning Description: City Property SubType: Single Family Residence Property Age: 72
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Listing Price Information
Listing Price: $230000Original Price: $240000
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Tax Information
Parcel Number: 15-2N-09-0800-000G-0300 Tax Year: 2025 Annual Tax: $1074 Tax Legal Desc: Legal Descriptions for both homes. Legal for 15503 - Parcel 15-2N-09-0800-000G-0300 LOTS 3-4 BLK G RICHARDS SUBD OR 97-245,103-686,(UR WILL) OR 270-125, 431-376, 438-406,460 -652,493-710 and Legal for 15953 Parcel 15-2N-09-0800-0011-0200 64FT ON E END OF LOTS 1 & 2, ALSO 36FT ON W END OF LOTS 7 & 8 ALL IN BLK 11 TOWN OF ALTHA (RICHARDS) OR 77-192, 46 8-593
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School Information
Elementary School: Altha Public Junior High School: Altha Public Senior High School: Altha Public -
Utility Information
ElectricityAvailable -
Location Information
Direction: In Altha to 15503 on Main St (Hwy 71), Turn West on Chipola St. The property is located on the corner of Chipola St & 5th. and to 15953 - Hwy 71 into Altha. Turn EAST on Chipola St (Altha Diner on the corner). Property will be on the RIGHT just past Evans St.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 26738 NE County Road 69a, Altha, FL, 32421 | $193,000 | 3 | 2 | -- | 1.05 Acres |
| 25966 NE George Maloy L.., Altha, FL, 32421 | $299,000 | 4 | 3 | -- | 2.17 Acres |
| 21748 N Sr 71, Altha, FL, 32421 | $1,099,999 | 4 | 5 | 4,549 | -- |
| 15953 Chipola Street, Altha, FL, 32421 | $139,000 | 3 | 2 | -- | 0.33 Acre |
| 25414 Evans Street, Altha, FL, 32421 | $170,000 | 3 | 2 | -- | 1.51 Acres |
| 25676 Evans Street, Altha, FL, 32421 | $198,900 | 3 | 2 | -- | 0.60 Acre |
| 15790 NW Jeff Fowler Road, Altha, FL, 32421 | $229,000 | 4 | 2 | -- | 1 Acre |
| 15503 NW Chipola Street, Altha, FL, 32421 | $138,000 | 2 | 1 | -- | 0.34 Acre |
| 15189 NW Columbus Drive, Altha, FL, 32421 | $500,000 | 4 | 2 | -- | 6.29 Acres |
| 25393 N Rosewood Circle, Altha, FL, 32421 | $325,000 | 3 | 2 | -- | 0.42 Acre |
Similar Homes To 15503 NW Chipola Street #15953
Nearby For Sale
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ByOwner last updated this listing 09/10/2026 @ 21:04
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