1154 NE 1st Street Crystal River, Florida 34429, United States
The Condominium/Co-Op for Sale located at 1154 NE 1st Street Crystal River Florida 34429 with 10 bedrooms, 0 bathrooms is currently for Sale, 1154 NE 1st Street Crystal River Florida 34429 is listed for $600,000. If the property located at 1154 NE 1st Street Crystal River Florida 34429 isn't what you're looking for, search Florida Real Estate to see other Homes for Sale in Crystal River .
MLS#: 828912
$600,000 USD
- Type
- Apartment
- Bedrooms
- 10
- Home/Lot size
- 330m² (3,552ft²)
Property features
Construction details
- Year built
- 1971
Other features
- Appliances
- WasherDryer
Area
- Property size
- 330m² (3,552ft²)
- Land/Lot size
- 4,209m² (1.04ac)
- Bedrooms
- 10
- Total rooms
- 10
- Cooling system
- Central AC
Description
Fully Tenanted Multifamily Gem in Crystal River, FL. An exceptional investment opportunity awaits in the heart of Crystal River, FL. This multifamily property boasts five fully tenanted units across two buildings, providing a steady income stream from day one. Property Features: Building 1 comprises three units, while Building 2 encompasses two units, all featuring spacious 2 bedrooms and 1 bathroom layouts. R2 zoning offers the potential to expand further, allowing the construction of three additional units, providing increased income potential for savvy investors. Tenant Occupied: Currently, all units are occupied, ensuring immediate and consistent cash flow for the discerning investor. Total annual expenses is $18,894 included Management Fee. CAP RATE is 6.6%.