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Off market
  • $1,157,300

    707 Rainer Rd APT 7, Baldwin, FL 32234

    30beds
    12,132sqft
    Investment Income/Apartment
    Built in 1980
    -- sqft lot
    $1,157,300 Zestimate®
    $95/sqft
    $1,308 Estimated rent

    What's special

    VERY UNIQUE OPPORTUNITY TO ADD VALUE, Increase Cash Flow and experience significant ROI with the purchase of this multi family property. Property includes two Quad Plexes and seven mobile homes. Some of the mobile homes need work and are currently unoccupied. Please see pro forma under documents section for current and projected financial performance. As units are brought on line, Sales Price will increase. Both quad plexes have been 100% occupied since current owner purchased. With some additional investment, property rents for all units could be increased. Truly an opportunity to purchase a property at discount that has the potential to be a marquee investment.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 30
    • Bathrooms: 15
    • Full bathrooms: 15
    Heating
    • Forced air, Wall, Electric
    Cooling
    • Central, Wall
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    Interior area
    • Structure area source: Tax Roll
    • Total interior livable area: 12,132 sqft

    Property

    Features
    • Exterior features: Other, Metal
    Lot
    • Size: 2.02 Acres
    • Features: Regular Lot
    Details
    • Parcel number: 0006490010

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Investment Income/Apartment
    Materials
    • Roof: Metal
    Condition
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Baldwin

    Other

    Other facts
    • Roof: Metal
    • Sewer: Public Sewer
    • WaterSource: Public
    • Appliances: Refrigerator, Electric Range
    • HeatingYN: true
    • CoolingYN: true
    • BusinessType: Residential
    • NumberOfUnitsTotal: 15
    • StoriesTotal: 2
    • LeaseTerm: Month To Month
    • NumberOfUnitsInCommunity: 15
    • PetsAllowed: Yes, Cats OK, small dogs, large dogs
    • InsuranceExpense: 3600.00
    • CoveredSpaces: 0
    • OpenParkingYN: true
    • LivingAreaSource: Tax roll
    • Cooling: Central Cooling, Window/Wall Unit
    • Heating: Window/Wall Unit, Central Heating
    • BuildingAreaSource: Tax Roll
    • LotFeatures: Regular Lot
    • RoadSurfaceType: Asphalt Road, Gravel Road
    • ParkingFeatures: No Covered Parking, Not Assigned Parking, 11 - 25 Spaces
    • RentIncludes: Range/Oven, Refrigerator
    • MlsStatus: Active
    • PropertySubType: Investment Income/Apartment
    • Road surface type: Asphalt Road, Gravel Road
    Services availability
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    Estimated market value

    $1,157,300