16025 Wallace St, Umatilla, FL

House

For Sale

Listed price in listed location currency (USD).

$499,000

000

MLS® V4951056

Overview

Key Facts

Type Triplex

Levels Residential Income

Size 3512 sqft

Garage

Taxes $5,584

Days Active 3

Lot Size 0.37 Acres

Approx. Age 1966

Avg. Price Per Sqft $142

MLS® Number V4951056

Property Address: 16025 Wallace St, UMATILLA, FL, 32784-9217

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

Description

**TRIPLEX | $60, 000+ POTENTIAL ANNUAL INCOME | HOUSE-HACKING OPPORTUNITY** Great investment opportunity in Umatilla! This versatile **triplex** offers the potential for **over $60, 000 in annual gross rental income**, while also providing an excellent opportunity for an owner-occupant to house hack. The property features **three separate units**, creating multiple income streams under one roof. The **1-bedroom unit can be delivered vacant**, allowing the new owner to move in and live on-site while renting the other two units to help offset their mortgage and expenses. For investors, the property offers the potential to generate **$60, 000+ in gross annual rental income**. For owner-occupants, the ability to occupy the 1-bedroom unit while collecting rent from the other units creates an attractive path toward significantly reducing the cost of homeownership. Located in Umatilla, this property offers a convenient residential setting with easy access to local shopping, dining, schools, parks, and surrounding Lake County communities. **Three units. Multiple income streams. $60, 000+ potential gross income. And the flexibility to house hack.** Whether you're looking to expand your rental portfolio or live in one unit while the property helps pay for itself, **16025 Wallace St is an opportunity you won't want to miss.**

MLS® NumberV4951056

Laundry LevelEnsuite

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1966

Basement

Driveway

Garage Spaces

HeatCentral, Other

A/CCentral Air, Wall/Window Unit(s)

Extras

Map

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