711 ALVIN ST, Green Cove Springs, Florida 32043

$234,300
10
BD
6
BA
3,508
SqFt
List Price
$234,300

Property Description

Rare Investment opportunity. 15%+ cap rate. $3300 a month income. $40,000 Annual income. 5 mobile home units on 1 parcel, water sewer, electric all 1 grid! no septic!. Location is 5 minutes to new St. Johns's county bridge! Units are leased out, longterm leases, $650 each rent, profession managed. Rents to be raised. Parcel may be sub-dividable upto 4 sfh's per county. Make offer with proof of funds, appointment; do not disturb tenants until POF, serious and your Understanding that Units are grandfathered-in, non-conforming, can't be replaced. units rent indefinitely, units ok cond. Cant be replaced. Common to growth city, Cash offer, or Seller finance 20% down negotiable terms, base 8%, 3 years.

Listing courtesy of FLORIDA HOMES REALTY & MORTGAGE LLC.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

© 2019 Northeast Florida Multiple Listing Service, Inc. All rights reserved. Data last updated