$600,000
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1154 NE 1st Street Crystal River, FL 34429
Apartment
Residence
Beds
Baths
3,552
Sq. Ft.
1.04
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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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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MLS#
828912
Property Type
Apartment
Year Built
1971
Square Feet
3,552
sq. ft
Lot Size
1.04
Stories
1.0
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