Great opportunity to own an Income-producing property with 2BR/1BA main home + separate 1BR1BA studio, both tenant occupied and currently generating $2,150/month ($25,800/year) in combined gross rent. Both units remodeled within the last 2 years with updated flooring/carpet, paint, fixtures & more. Studio features separate breaker panel, upgraded electrical & water heater. Main house New roof 2017, HVAC 2017, Water Heater 2018. Excellent opportunity to acquire an occupied rental with two existing income streams. At a $185K, current rents equal approximately 14.7% gross annual yield before expenses. OR what a Great option to purchase it as your own home and Rent the 1 bedroom studio or use it as a mother-in-law suite. Do not disturb tenants. Showings by appointment only. Buyer to verify zoning, permitting, measurements & intended use. Tenants mentioned flexibility on their move out dates for potential occupancy at closing.
Courtesy of KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
Listing courtesy of KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE.
Listing courtesy of KARMIN WALKER from KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE.