Prime 5.9 acre Multi Family Investment Opportunity North of Marianna, FL!Don't miss this outstanding income producing property located just north of Marianna on paved Lynch Drive. This multi family setup features two brick duplexes and one 1989 mobile home, totaling five rental units.Each duplex unit offers 2 bedrooms and 1 bath, with new roofs installed in 2019 a solid, low maintenance investment. The mobile home adds even more value with 3 bedrooms and 2 baths. All units are currently rented, providing consistent cash flow from day one.According to Jackson County Planning & Zoning, the property allows for 2 units per acre, making future development a possibility. Plus, the current owner has already installed two additional water hookups that are not yet in use perfect for potential expansion.This well maintained property is an excellent addition to any investment portfolio. Take advantage of this rare opportunity to own a versatile, income generating asset in a desirable location. Contact us today to learn more and schedule a tour!
Prime 5.9 acre Multi Family Investment Opportunity North of Marianna, FL!Don't miss this outstanding income producing property located just north of Marianna on paved Lynch Drive. This multi family setup features two brick duplexes and one 1989 mobile home, totaling five rental units.Each duplex unit offers 2 bedrooms and 1 bath, with new roofs installed in 2019 a solid, low maintenance investment. The mobile home adds even more value with 3 bedrooms and 2 baths. All units are currently rented, providing consistent cash flow from day one.According to Jackson County Planning & Zoning, the property allows for 2 units per acre, making future development a possibility. Plus, the current owner has already installed two additional water hookups that are not yet in use perfect for potential expansion.This well maintained property is an excellent addition to any investment portfolio. Take advantage of this rare opportunity to own a versatile, income generating asset in a desirable location. Contact us today to learn more and schedule a tour!
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 5126.00
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Pool Features: None
Utilities
Carport Spaces: 0.00
Sewer: SepticTank
Utilities: SepticAvailable
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Pet Deposit: 0.00
Security Deposit: 0.00
Trash Expense: 0.00
Other Features
Furnished: Unfurnished
Legal Description: 18-5N-09-0277-0000-0028; OR 270 P 678 COMM AT NWC OF LOT 2 MARGENE SUBDV, RUN E 364.18 FT TO BEGIN, RUN E 625.82 FT TO E LINE OF LOT 4, S 6* W 424.26 FT, W ALONG N SIDE OF RD 626.35 FT, N 7* E 404.02 FT TO POB. BEING A PART OF LOT 2, LOT 3 & S1/2 OF LOT 4 MARGENE SUBDV. IN SECT 17... OR 329 P 776 OR 402 P 505 OR 658 P 306
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