Calling all investors! This package contains an entire block of properties. Featuring 3 houses, and a vacant lot, this block will allow for up to 6 total units. Keep the current tenants in place for a great cash-flow opportunity while you build additional investments on-site! This package contains 3425 Cornelia St (rented for $1400/mo), 401 Alpha Ave (rented for $1050/mo), 3418 Drury St (rented for $800/mo), & another vacant lot on Drury St. Tenants pay for utilities and lawn care. 9% CAP RATE with room for rental growth and value-add! See attached document for more details on each individual property. Proof of funds and/or pre-approval will be required prior to showing.
Property Type :
Residential
Subdivision :
Campbell Park
County :
Leon
Style :
Residential
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ByOwner last updated this listing 04/29/2024 @ 03:07
MLS: 368386
LISTED BY: Garret Heussner, Frog Real Estate Company, LLC
SOURCE: TBRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
