10

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1154 NE 1st Street
Crystal River, FL 34429

Residential (Apartment)

1.04 Acres
3552 Sqft Living Area

10 Bedrooms

0 Bathrooms (0 Full, 0 Half)

Year Built: 1971

$600,000

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Property 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. Total annual expenses is $18,894 included Management Fee. CAP RATE is 6.6%.

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Contact Details

Name: Thao P Le

Email: thaolehomes@gmail.com

MLS Listing Id: 828912

Agent Phone: (352) 726-6668

List Agent License:

Office Name: Century 21 J.W.Morton R.E.

Office Phone: (352) 726-6668

Office MLS Id: 0470

Listing Status: Active

Listing URL: https://www.realtor.com/realestateandhomes-detail/1154-NE-1st-St_Crystal-River_FL_34429_M59988-68226?f=listhub&s=RACCFL&m=828912&c=openhousinc

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