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Attention investors and/orowner occupants. This excellent investment opportunity awaits you in theheart of Historic St. Andrews. Just two blocks from the Bay on a corner lot this property is zonedmultifamily consisting of two structures; a single family home of 3,400 sqft with 4 bedrooms and 3.5bathrooms, and a triplex with 3 one bedroom one bath apartments.Separate water and electric meters for both structures. The main home has a mother-in-law quarters thatcan also be separated to give a total of 5 rentals.Fiberglass pool with saltwater systemLarge lot with room for your ATV, boat or jet skis2 car garageRental income of $5500-$6500/month, excellent Cap rate of at least 8%SEE PROPERTY INCOME/EXPENSES ATTACHED IN DOCUMENTSSeller is motivated, bring all offers!
This listing is maintained by Weichert Realtors Rev Group.
Property Details
| MLS# | 760978 |
| Status | Active |
| Property Type | Multi |
| Bedrooms | 7 |
| Bathrooms | 6 full, 1 half |
| H/C Sqft | 4,383 |
| Acreage | 0.53 |
| Lot Dimensions | 132'x168' |
| Year Built | 1950 |
| Taxes | $5,242.00 in 2023 |
| HOA | No HOA Fees |
Features
| Appliances | Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Freezer, Disposal, Washer, |
| Community Amenities | Short Term Rental Allowed, |
| Energy | Central Air, Ceiling Fans, Electric, Multi Units, Separate Meters, Window Units, Wall Units, |
| Construction | Vinyl Siding, |
| Utilities | Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Trash Collection, Water Connected, |
| Parking | Attached, Garage, Garage Door Opener, |
Location
| Elementary School | Lucille Moore |
| Middle School | Jinks |
| High School | Bay |
| Zip Code | 32401 |
| Area | Bay County - Central |
| Sub-area | Bay - Central SW |
| Subdivision | Bayview Add |
