Prime 5.9 acre Multi-Family Investment Opportunity North of Marianna, FL!Don't miss this outstanding income-producing property located just north of Marianna on paved Lynch Drive. This multi-family setup features two brick duplexes and one 1989 mobile home, totaling five rental units.Each duplex unit offers 2 bedrooms and 1 bath, with new roofs installed in 2019--a solid, low-maintenance investment. The mobile home adds even more value with 3 bedrooms and 2 baths. All units are currently rented, providing consistent cash flow from day one.According to Jackson County Planning & Zoning, the property allows for 2 units per acre, making future development a possibility. Plus, the current owner has already installed two additional water hookups that are not yet in use--perfect for potential expansion.This well-maintained property is an excellent addition to any investment portfolio. Take advantage of this rare opportunity to own a versatile, income-generating asset in a desirable location. Contact us today to learn more and schedule a tour!
- Age: 21-30 Years Old
- Architecture Style: Other
- Legal Description: 18-5N-09-0277-0000-0028; OR 270 P 678 COMM AT NWC OF LOT 2 MARGENE SUBDV, RUN E 364.18 FT TO BEGIN, RUN E 625.82 FT TO E LINE OF LOT 4, S 6* W 424.26 FT, W ALONG N SIDE OF RD 626.35 FT, N 7* E 404.02 FT TO POB. BEING A PART OF LOT 2, LOT 3 & S1/2 OF LOT 4 MARGENE SUBDV. IN SECT 17... OR 329 P 776 OR 402 P 505 OR 658 P 306
- MLSID: 773544