1154 NE 1st Street Crystal River, FL 34429
Listing Courtesy of: CITRUS COUNTY / Century 21 J W Morton Real Estate, Inc. / Thao Le

  1154 NE 1st Street Crystal River, FL 34429

Active (205 Days)
$600,000

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%.

MLS #:
828912
Taxes
$5,333(2023)
Lot Size
1.04 acres
Type
Multifamily
Year Built
1971
Style
One Story
County
Citrus County
Community
Charpias Add to Crystal River

Listed By

Thao Le, Century 21 J W Morton Real Estate, Inc.
Source
CITRUS COUNTY
Last checked Sep 19 2024 at 9:19 PM GMT+0000
Bathroom Details
Interior Features
  • Dryer
  • Washer
  • Electric Cooktop
Subdivision
  • Charpias Add To Crystal River
Lot Information
  • Acreage
  • Flat
  • Cleared
Property Features
  • Foundation: Block
  • Foundation: Slab
Heating and Cooling
  • Electric
  • Central Air
Flooring
  • Carpet
  • Vinyl
Exterior Features
  • Roof: Asphalt
  • Roof: Shingle
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Concrete
  • Driveway
Stories
  • 1
Living Area
  • 3,552 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by J W Morton Real Estate, Inc. and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 Realtors Association of Citrus County. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/19/24 14:19