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favorite this post $175000 / 7br - 2740ft2 - 2 Florida Properties, $20K Yr. 12% Return 12 Miles from the Beach OBO hide this posting unhide

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Springfield Ct N at Main St

(google map)

7BR / 2Ba 2740ft2 available feb 28

house
w/d hookups
detached garage

It is available...!!! 2 Separate Florida Properties, Sunny North Florida, Owner Retiring, 12 Miles from the Beach, a 3 Big Bedrooms, 1 Bath SFR, 3/1 Brick Zoned Commercial / Residential one Car Detached Garage + Work Shop + Double Carport, + a 4/1 Frame, with a fenced Lot, central A/C, Rents for $800 + $900 month, $1,700 Rent Income per Month, $20,400 per Year. $204,000 Rent Income after 10 Yrs. Vacant and Ready to Move In, Quiet Neighborhoods, Better Than New...!!! Extra Clean, Low maintenance Brick the 3/1, Wood Floors, Low Total Property Taxes $1,200 per Year, Insurance $1,800 Year, Central Area, Close to Everywhere, I-10, I-95, I -295, US1, Minutes from The Beach, St. Johns River, Boat Ramps, Downtown, Shopping, Mayo Clinic, Universities, Airport, laundry Room with Washer and Drier connections, Huge Lot, can park RV's, Boats, Big Trucks, All your Toys, Will take $100K for the 4/1, $75K for the 3/1 Brick or $175,000 for Both OBO Management Available, Will Co-Op, Bring All Offers or Trades...!!! Owner Retiring, Call show contact info

Total Income= $1,700 *12 = $20,400 Yr
Property Taxes = $1,200 Yr.
Insurance = $1,000 Yr.
Net income = 20,400 - 1,200 = $18,200 Yr
Net Cap rate = 20,400/175,000 = 12+ % Annual Return
$204,000 rent income after 10 Yrs
Rent it or Move In, Ready to Move in...!!! call show contact info to set up showing!
  • do NOT contact me with unsolicited services or offers

post id: 6484219981

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