Sunny North East Florida, 12 Miles / 20 Minutes from the Beach, Remodeled, 2 Separate properties, less than 2 miles from each other, 1st a 3/1 All Brick House, Corner Lot, Zoned Residential / Commercial, Live Here or Work Here...!!! 3 Big Bedrooms, 1 Bath, All Brick House, 1 Car Detached Garage + attached Workshop, Double Car Port, Living Room + Den, Wood floors, A/C, Laundry Room/Workshop, Quiet Central Neighborhood, Better Than New...!!! 2nd property is a 60' x 660' .91 Acres wooded lot off Fraser Rd, off Beach Blvd, 9 Miles from the Beach, Available Now, 3/1 All Brick House is Extra Clean, All Kitchen Appliances Included, Central Area, Close to Everywhere, Minutes from Downtown, Malls, from the Beach, Boat Ramps, St. Johns River, Universities, Naval Bases, Laundry Room + Workshop with Washer and Drier connections, Bring All Offers or Trades Will Co-Op...!!! Asking $99,000 for Both OBO, Call for Showing show contact info
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Total Income= 800 *12 = $9,600 Yr.
LOW Property Taxes = $550 Yr.
Insurance = $400Yr.
Net income = $9,600 - 950 = $8,550 Yr.
Net Cap rate = $9,600/99,000 = 10 % Annual Return
$96,000 Rent Income After 10 Years.
Please call show contact info
to set up showing! Thanks!