Map
Listed price in listed location currency (USD).
$899,000

0120

MLS® 2255964

Overview

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $7,190
Days Active 300
Lot Size 0.66 Acres
Approx. Age 1970
MLS® Number 2255964

Property Address: 1259 Elmwood Dr, Inverness, FL, 34450-5255

Average square foot calculated using Size range provided by listing agent.

Description

HUGE PRICE REDUCTION TO SELL NOW!!!***WATERFRONT GULF TO LAKE APARTMENTS IS NOW AVAILABLE FOR SALE!*** 10 completely renovated units top to bottom with 2 additional 2 bedroom units with washer/dryer hookups framed and ready to be finished for additional income if so desired. (All currently vacant due to renovations) (1) efficiency, (8) one bedroom & (1) two bedroom. These units should bring a minimum of 1000 a month and as much as 2000 mo. Current owner has spent more than 60k on the septic system, ALL NEW SYSTEM (biodegradable) About 120k completely new electrical system (sub panel per unit installed) 100k on completely new plumbing system. 50k on the new ac units with foam insulation on the roofing. 20k for new water tanks and filtration system. 200k for interior cabinets/flooring/ fixtures/appliances and painting. 20k complete outside renovations & painting. This is an excellent investment property with the right management. Possible Airbnb would bring HUGE income as boat ramp leads to chain of lakes. Come take a look!
MLS® Number2255964
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1970
Basement
DrivewayAssigned
Garage Spaces
Heat
A/C

Extras

Map

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