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1154 Ne 1st Street
Crystal River, FL 34429

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Property Details


List Price: $600,000
Beds: --
Baths: --
Status: Active
SqFt: 3552
Agency: Century21 J.W. Morton Real Estate, Inc

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Description/Comments


Lot Size: 1 acre(s)
Property Type: Residential
Year Built: 1971
Notes: Fully Tenanted Multifamily Gem in Crystal River, FL. An exceptional investment opportunity awaits in the heart of Crystal River, FL. This multifamily property boasts five fully tenanted units across two buildings, providing a steady income stream from day one.<br /> Property Features:<br /> Building 1 comprises three units, while Building 2 encompasses two units, all featuring spacious 2 bedrooms and 1 bathroom layouts.<br /> R2 zoning offers the potential to expand further, allowing the construction of three additional units, providing increased income potential for savvy investors. Tenant Occupied: Currently, all units are occupied, ensuring immediate and consistent cash flow for the discerning investor. Total annual expenses is $18,894 included Management Fee. CAP RATE is 6.6%.
MlsNumber: 828912


Listing Provided By: Century21 J.W. Morton Real Estate, Inc, original listing
Name: Century21 J.W. Morton Real Estate, Inc
Phone: (352) 726-6668
Office Name: Century 21 J.W.Morton R.E.
Office Phone: (352) 726-6668
Agent Name: Thao P Le
Disclaimer: Copyright © 2024 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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