525 4th St, Port Saint Joe, FL 32456

4 RENTAL PROPERTIES: This property consists of three homes which make up 4 rentals that have been completely remodeled. All new roofs, $30,000 of new plumbing, some new electrical, all new flooring. Currently generates approximately $70,000 per year in rental income with the potential to generate up to $85,000/year or more. One unit is currently not rented because a family member lives there. This particular unit could generate a minimum of $12,000 per year rental income. The front house has great long term renters who wishe to stay indefinitely. These homes have a well established rental history. The white sided home is a 3 bedroom 1 bath and is a long term rental. The little yellow cottage is called The Gypsy Cottage and is a fully furnished 1 Bedroom 1 bath. It is a well established short term rental. The upstairs unit of the turquoise house is fully furnished 2 bedroom 1 bath. It is named The Sea Drifter and is also a short term rental. Owners are investors and now wish to invest in other properties to remodel. Great investment opportunity!