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Search Results -> 1218 20th Street N, Defuniak Springs

1218 20th Street N, Defuniak Springs 32433 (Active)

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Listing Information

Property Type: Commercial Sale
MLS #: 956528 Price: $2,050,000.00 Year Built: Not available
Square Feet: Not available Bedrooms: Not available Bathrooms: Not available
HOA Fees: Not available Lot Size: 2.16 acres Lot Dimensions: Not available

Subdivision: Not available

Description:

Investment Opportunity: 16-Unit Portfolio in DeFuniak Springs, Florida.Pleased to present a remarkable investment opportunity, featuring a well-maintained portfolio of 16 units. This offering includes six duplexes, each with 2 bedrooms and 1 bathroom, encompassing 878 square feet, and one quadplex, with each unit featuring 2 bedrooms and 1 bathroom at 752 square feet. Priced at $2,050,000, this property promises exceptional investment potential.The current owner is motivated to sell as he plans to develop a new apartment complex on his adjacent land. To facilitate a smooth transaction, he is open to offering attractive financing terms:Down Payment: 30%Interest Rate: 9%Amortization: Over 30 years with a balloon payment due in 10 years.The property currently generates

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Features

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Commercial Features

  
Income-Producing Property Type: Multi-FamilyMulti-Family Number of Units: 16

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This listing provided courtesy of ERA American Real Estate.
This information was last updated on 11/25/2024 4:04:57 AM.

All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2024. All rights reserved.


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