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Wade M. Berlin

ABR,BrkrAssc,CNE,CPM,FSSR,GAA,LLC,PMN,REALTOR ®,SRES
Broker IDX Sites Inc.
The Real Estate Professional You Deserve
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1412 Laurel Street
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PRICED AT ONLY: $218,800

Address: 1412 Laurel Street, PALATKA, FL 32177

Description

Investor gold: high roi, tenant occupied 4 bed, 2 bath powerhouse stop looking at vacancies. Start earning now. This is the immediate, cash flowing investment youve waited fora fully occupied property generating proven income from day one, paired with immense future upside. The unbeatable financial reality (cash flow now! ) current rent: $1,800/month! This established income stream guarantees instant returns and zero downtime for tenant placement. The golden 4 bed, 2 bath ratio: with four bedrooms and two full bathrooms in an efficient, low maintenance footprint (under 1,255 sq. Ft. ), this property is perfectly structured for the highest roi strategy: the rent by the bedroom model, which can drive income far above the current lease rate! Oversized lot opportunity: the generous lot size provides the highly valuable option for subdivision (subject to local approval). This is your future equity playpotential to add a second unit or sell off a separate parcel! Property highlights: bedrooms: 4 bathrooms: 2 square footage: under 1,255 sq. Ft. (maximized space efficiency) current status: tenant occupied (turnkey income! ) neighborhood: quiet, peaceful, and desirable location that attracts quality, long term renters. Critical showing instructions this is a performing asset with a cooperative, paying tenant. Please respect their privacy and the integrity of the lease. Do not disturb the tenants. All showings must be scheduled in advance and confirmed through the listing agent. Drive by viewings are strictly prohibited. Proof of funds or pre approval is required before any viewing confirmation. Don't miss the chance to acquire a rare, income producing 4 bedroom asset with development potential. Contact us today to secure the lease details and schedule your confidential showing.
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  • MLS#: O6351105 ( Residential )
  • Street Address: 1412 Laurel Street
  • Viewed: 5
  • Price: $218,800
  • Price sqft: $174
  • Waterfront: No
  • Year Built: 1952
  • Bldg sqft: 1255
  • Bedrooms: 4
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 2
  • Days On Market: 10
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • Flooring: Ceramic Tile
  • Living Area: 1255.00
  • Roof: Metal
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 2.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Other
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2023
Other Features
  • Appliances: Microwave
  • Country: US
  • Interior Features: Ninguno
  • Legal Description: PALATKA HILLCREST MB2 P42 1/2 BLK 262 LOTS 3 4
  • Levels: One
  • Area Major: 32177 - Palatka
  • Occupant Type: Tenant
  • Parcel Number: 42-10-27-6850-2620-0030
  • Zoning Code: R-3

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin