Description
Tremendous income-generating investment and opportunity to build value. This 4-unit oceanview, multifamily property sits on the quiet North End and offers an annual income potential of between $45,000 to $80,000+ (depending on improvements). Two bottom units are 1 bed/1 bath and top units are 2 beds/1 bath and 2 beds/2 baths. Units are rented monthly and tenants can stay or leave depending on your preference. Long term and extended stay rentals are SCARCE on Amelia Island, and property is zoned for either, giving you multiple rental options to maximize your yield. Adjacent 50 x 100 lot is for sale too (MLS #1101164) with ability to build another duplex/ multi-family, providing a RARE opportunity to have two beach rental properties in your rental portfolio that are conveniently side-by-sid
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6BEDS
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N/AACRES
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4BATHS
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01/2 BATHS
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3,164SQFT
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$284$/SQFT
School Ratings & Info
Description
Tremendous income-generating investment and opportunity to build value. This 4-unit oceanview, multifamily property sits on the quiet North End and offers an annual income potential of between $45,000 to $80,000+ (depending on improvements). Two bottom units are 1 bed/1 bath and top units are 2 beds/1 bath and 2 beds/2 baths. Units are rented monthly and tenants can stay or leave depending on your preference. Long term and extended stay rentals are SCARCE on Amelia Island, and property is zoned for either, giving you multiple rental options to maximize your yield. Adjacent 50 x 100 lot is for sale too (MLS #1101164) with ability to build another duplex/ multi-family, providing a RARE opportunity to have two beach rental properties in your rental portfolio that are conveniently side-by-sid
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