PRICED AT ONLY: $600,000
Address: 1154 1st Street, Crystal River, FL 34429
Description
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.
Property Features:
Building 1 comprises three units, while Building 2 encompasses two units, all featuring spacious 2 bedrooms and 1 bathroom layouts.
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.
Property Location and Similar Properties
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- MLS#: 846324 ( ResidentialIncome )
- Street Address: 1154 1st Street
- Viewed: 43
- Price: $600,000
- Price sqft: $169
- Waterfront: No
- Year Built: 1971
- Bldg sqft: 3552
- Days On Market: 97
- Acreage: 1.04 acres
- Additional Information
- County: CITRUS
- City: Crystal River
- Zipcode: 34429
- Subdivision: Charpias Add To Crystal River
- Provided by: Century 21 J.W.Morton R.E.
- DMCA Notice
Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: ConcreteDriveway
- Flooring: Carpet, Vinyl
- Living Area: 3552.00
- Roof: Asphalt, Shingle
Property Information
- Property Condition: NewConstruction
Land Information
- Lot Features: Acreage, Cleared, Flat
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Concrete, Driveway
Eco-Communities
- Pool Features: None
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir, Electric
- Road Frontage Type: CountyRoad
- Sewer: PublicSewer
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 41495.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2024
- Trash Expense: 0.00
Other Features
- Appliances: Dryer, ElectricCooktop, Washer
- Legal Description: CHARPIAS ADD TO CRYSTAL RIVER PB 1 PG 30 E1/3 OF LOT 18 MOR PART DESC AS: START AT THE NE CORE OF SD LT 18 AND GOING S 0 "DEG 32' 25"""" E A DIST OF 209.45 FT TH S 89DEG 07' 25"""" W A" "DIST OF 212.59 FT TH N 0D 33' 00"""" W A DIST OF 209.51 FT TH N" "89D 08' 20"""" E A DIST OF 212.62 FT TO THE POB ALL LY AND" BEING IN LT 18 CHARPIA'S ADD TO CR
- Levels: One
- Area Major: 16
- Occupant Type: Tenant
- Parcel Number: 1081157
- Possession: Closing, SubjectToTenantRights
- Style: OneStory
- The Range: 0.00
- Views: 43
- Zoning Code: R1, R2
Nearby Subdivisions
Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
