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favorite this post 3br - 1240ft2 - Trade 2 Florida Properties, $10K Yr. 10% Return 12 Miles 2 the Beach hide this posting unhide

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Springfield Ct N near Main St

(google map)

3BR / 1Ba 1240ft2 available jun 30

house
w/d hookups
detached garage

Sunny North Florida, 12 Miles from the Beach, 2 Separate properties less than 3 miles from each other, 1st a 60' x 660' .91 acres Wooded lot, 2nd a 3 Big Bedrooms, 1 Bath, a 3/1 All Brick House, Zoned Commercial / Residential, Live Here or Work Here, one Car Garage + Work Shop + Double Carport, Corner Lot, A/C, Rents for $800 Month $9,600 Yr. $96,000 Rent Income After 10 Years. +10% Annual Return, Owner Retiring, Keep Rented or Move In, Quiet Neighborhood, Better Than New...!!! Extra Clean, Low maintenance Brick, Wood Floors, Low Property Taxes $500 per year, Insurance $450 Year, Central Area, Close to Everywhere, I-10, I-95, I -295, US1, 20 Minutes from the Beach, Boat Ramps, St. Johns River, Downtown, Shopping, Universities, laundry Room with Washer and Drier connections, Corner Lot, can park RV, Boats, Big Trucks, All your Toys, Will Co-Op, Bring all Offers or Trades...!!! Asking $35,000 for the .91 Acres Lot + $85,000 for the 3/1 All Brick House or $99,000 for BOTH OBO or Trades, Motivated Owner Retiring, Management Available, No RTO, NO Owner Finance, Call show contact info

Total Income= 800 *12 = $9,600 Yr.
Property Taxes = $550 Yr.
Insurance = $450Yr.
Net income = 9,600 - 1,000 = $8,600 Yr.
Net Cap rate = 9,600/99,000 = 10 % Annual Return
$96,000 Rent Income After 10 Years.
Please call show contact info to set up showing! Thanks!
  • do NOT contact me with unsolicited services or offers

post id: 6904259827

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