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Listed price in listed location currency (USD).
$1,900,000

000

MLS® S5151887

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 10080 sqft
Garage 
Taxes $21,242
Days Active 0
Lot Size 0.53 Acres
Approx. Age 1930
Avg. Price Per Sqft $188
MLS® Number S5151887

Property Address: 475 Umatilla Blvd, Umatilla, FL, 32784-8915

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

Description

Exceptional investment opportunity offering a strong 9.5% cap rate! This fully renovated multifamily property has undergone extensive upgrades, including updated electrical systems, newer HVAC units, and upgraded water heaters. Featuring a total of 16 units, the property consists of 4 two-bedroom/one-bath units, 11 one-bedroom/one-bath units, and 1 studio unit. Every unit has been remodeled on the interior and includes the convenience of in-unit laundry. The property offers ample on-site parking and is currently 100% occupied with long-term tenants, providing immediate and stable cash flow. Zoned and suitable for both short-term and long-term rental strategies, allowing future ownership flexibility. A truly turnkey asset with significant capital improvements already completed and minimal deferred maintenance.
MLS® NumberS5151887
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
Basement
DrivewayNone
Garage Spaces
HeatElectric, Heat Pump
A/CCentral Air

Extras

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