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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
0.56 acres
Attention investors and developers. The county allows up to 12 units, up to three stories, making this a highly attractive multifamily development opportunity. City water and sewer will be required. Strong rental demand in the area. Average rents for 2-bedroom, 2-bath units are approximately $1,500 per month. At full capacity, 12 units could generate around $18,000 per month, or approximately $216,000 annually in gross rental income. Excellent potential for cash flow and long-term appreciation in a growing market. Ideal project for investors seeking high-return multifamily development.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.56
-
Property Type
Land
Price
-
Sales Price
$139,000
-
Tax Amount
$465
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Ownership
Other
-
Sewer
Public Sewer
-
Tax Lot
15
-
Water Source
Public
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Location
County
Marion
Elementary School
Middle School
High School
Listing Courtesy of Cristina Osorio Norena , EXP REALTY LLC
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Business Coach | Executive Sales Associate | Realtor®
Michael Graf
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