$395,000
Pending · 203 days on market · MLS# MFRO6236802
| Living area | 1,770 sq ft |
|---|---|
| Lot size | 0.17 acres |
| Year built | 1960 |
| Property type | Retail |
| Waterfront | Yes |
| Annual taxes | $1,824 |
| County | Seminole |
Under contract-accepting backup offers. Back on market! 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!
Listing courtesy of Hazel Sun, RE/MAX 200 REALTY. Presented by MC Homes Realty Inc · 727432218.