Description
Calling all investors!!! Potential of over 7% interest investment, definitely better than the bank interest or maybe even stock. Perfect location for any retail shop, office, nail spa, hair salon, cigar shop, or any kind of business. There are 4 units in one building and all 4 of them are leased, monthly income is approximately $2,300.00. It has the potential of much higher income. Newly painted. Each of these 4 units has its own bathroom, and Unit C has a shower plus plumbed for a sink outside. There are 4 separate electrical meters for each of the 4 units, and only 1 water meter for the whole building. The annual operating expense of $4,500.00 includes property tax, insurance, as well as the water usage which is about $150.00 monthly for all 4 units. Close to the Sanford Historic District and Lake Monroe, off 17-92 and Park Drive. Rare find with tremendous potential, don't wait!
-
0BEDS
-
0.17ACRES
-
0BATHS
-
01/2 BATHS
-
1,770SQFT
-
$234$/SQFT
School Ratings & Info
Description
Calling all investors!!! Potential of over 7% interest investment, definitely better than the bank interest or maybe even stock. Perfect location for any retail shop, office, nail spa, hair salon, cigar shop, or any kind of business. There are 4 units in one building and all 4 of them are leased, monthly income is approximately $2,300.00. It has the potential of much higher income. Newly painted. Each of these 4 units has its own bathroom, and Unit C has a shower plus plumbed for a sink outside. There are 4 separate electrical meters for each of the 4 units, and only 1 water meter for the whole building. The annual operating expense of $4,500.00 includes property tax, insurance, as well as the water usage which is about $150.00 monthly for all 4 units. Close to the Sanford Historic District and Lake Monroe, off 17-92 and Park Drive. Rare find with tremendous potential, don't wait!
© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-02T16:45:23.073.
