STEAL 18 UNITS IN CRYSTAL RIVER, FL


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Address

750 NE 10 ST
753 NE 9 ST
CRYSTAL RIVER, FL 34428
Property ID# 1155
Multi Family (5+ units)
3296 Views

Highest Bid: 

$0


Time Left: Offer period has ended.

Location

County:Citrus 
Subdivision:ALLBRITTON 
Water Front:

Details

Bedrooms:36 
Baths (full):18 
Additional Rooms:18 X 2/1 
Total Square Footage:14364 sq ft
Year Built:1979 
Lot Size:1.01 - 2.00 acres
Garage (# of cars): 
Parking:Open
Guest
# of Parking Spaces:40 
Total # of Units/Bays:18 
Separate Electric Meters:Yes
Separate Water Meters:Yes
Zoning:Multifamily 5+ units 
Restrictions:NONE 

Features

Cooling/Heat:Central Air
Fire Place:No
Private Pool:
Community Pool:No
Amenities:
Wheel Chair Accessible:No
Basement:No
Laundry:
Gated Community:No

Expenses

Property Taxes:$8155.00 / year
Maintenance:$10800.00 / year
Management:$8640.00 / year
Garbage/Sewer:$8722.00 / year
Insurance:$5000.00 / year

Income

Current Monthly Rent:$0.00 / month
Current Gross Income:$0.00 / year
Potential Market Rent:$550.00 / month
Potential Gross Income:$118800.00 / year

Description

LOWEST PRICED MULTI-UNIT PROJECT IN THE STATE OF FLORIDA. All units are currently vacant. Roofs & structures are in good condition. Units need complete interior renovation, but what an absolute STEAL! Only cash offers with quick closing will be considered. Please do your due diligence prior to submitting offer.

Two parcels adjacent to each other, back to back, for ease of management and maintenance. Attractive garden/low-rise apartments. 3 spacious triplexes on each parcel. 18 X 2 bedroom/ 1 bath units. Unit area range between 800 – 840 sqft. Units were built in 1979. Each unit has its own separate electric & water meters. Citrus County Section 8 housing approved payment standards are $673 for 2 bedroom units. Total land area is 1.29 acres.

Property is located just one-block from the NEW Crystal River High School and just three-blocks from the Crystal River Middle School. Great housing for school bus drivers, crossing guards, custodial staff, etc.

Terms

CASH ONLY OFFERS WITH QUICK CLOSING WILL BE CONSIDERED. CONTACT OFFICE FOR REQUIRED CONTRACT. PLEASE DO YOUR DUE DILIGENCE PRIOR TO SUBMITTING AN OFFER.