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.
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
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