Price reduced
Photo 1 of 33$449,000
New listing923 N FEDERAL Highway FL 33460
592 sq ftBuilt 1925MLS# B26096155
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About this property
Excellent Income-Producing Investment Opportunity with Room to Increase Rents!
Legal duplex property featuring three separate rental units, including two charming 1-bedroom, 1-bathroom cottages and an additional studio unit. Currently generating steady rental income, with the two 1-bedroom units renting for $1,500 and $1,350 per month, and the studio renting for $1,350 per month, for a total monthly rental income of $4,200 ($50,400 annually). There is additional potential to increase rents and maximize your return on investment! The property features frame construction, freshly painted interiors and exteriors, and a roof in good condition. Each unit offers comfortable living spaces with plenty of charm. Additional highlights include separate water and electric meters, on-site laundry
Features
- Waterfront
- Water view
Property details
- Property type
- Multi-family
- Year built
- 1925
- Living area
- 592 sq ft
- Price per sq ft
- $758
- HOA fee
- /mo
- Property taxes
- $5,959/yr
- Status
- New listing
- MLS #
- B26096155
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