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602 W 8th St
Carrabelle, FL 32322

Residential (Townhouse)

0.23 Acres
4672 Sqft Living Area

12 Bedrooms

12 Bathrooms (8 Full, 4 Half)

Year Built: 1981

$924,000

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Property Description

Attention Investors! A 4-unit complex was just renovated in the City of Carrabelle. This convenient location will give occupants easy access to all the amenities Carrabelle has to offer, such as the IGA Grocery store, hardware, restaurants, and more. The building has undergone extensive remodeling, including a new roof, appliances, and paint. It is a concrete structure with concrete walls between the four units. Each unit has three large bedrooms and one and a half bathrooms. The seller will offer financing to qualified buyers. Terms include a 20% down payment, an interest rate of 8.5%, an amortization period of 30 years, and a balloon payment after 10 years. This property is a long-term rental. Annual GRI is $64,800.

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Contact Details

Name: Greg Eldridge

Email: jgregeldridge@gmail.com

MLS Listing Id: 314915

Agent Phone: (850) 889-1137

List Agent License:

Office Name: Sea Crest Real Estate, Inc.

Office Phone: (850) 697-9604

Office MLS Id: 206

Listing Status: Active

Listing URL: https://www.realtor.com/realestateandhomes-detail/602-NW-8th-St_Carrabelle_FL_32322_M99255-47626?f=listhub&s=RAKSGCFL&m=314915&c=openhousinc

Copyright © 2024 Realtor® Association of Franklin & Gulf Counties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.