8010 SE US HIGHWAY 301, HAWTHORNE, FL, 32640
$899,900
Residential Income
|
Living Area
5,567 Sqft
|
Lot Size
179,903 Sqft
|
Welcome to an exceptional investment opportunity in Hawthorne, FL, offering a remarkable yearly ROI of 14.88% at a competitive purchase price of $899,900. This 14-unit multi-family property, comprising four 1-bedroom/1-bath units and ten studio apartments, promises substantial revenue potential with the addition of coin laundry facilities and mobile home/RV lots. Anticipate a market value increase to $1,050,000 by Year 2. The property is conveniently connected to city water and sewer services. All 12 completed units are fully occupied and have undergone extensive renovations, featuring new windows on two buildings, new front doors, laminate flooring, toilets, ceiling fans, and bathroom lighting. The property also boasts a new roof, appliances (including fridges, microwaves, and hotplates), outlets, switches, water heaters, and AC units in all units. This turnkey property is an investor's dream, offering modern amenities and a strong rental income stream.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRO6276580 | Year Built: | 1952 | |
| Community Features: | Street Lights | Construction Materials: | Block, Concrete | |
| Cooling: | Wall/Window Unit(s) | Country: | US | |
| County Or Parish: | Alachua | Exterior Features: | Awning(s), Lighting, Sidewalk, Sliding Doors, Storage | |
| Foundation Details: | Slab | Heating: | None | |
| Laundry Features: | None | Listing Agreement: | Exclusive Right To Sell | |
| Property Sub Type: | Multi Family | Property Type: | Residential Income | |
| Road Surface Type: | Gravel | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | Call Listing Agent | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Fiber Optics, Fire Hydrant, Phone Available, Public, Sewer Available, Sewer Connected, Sewer Nearby, Telephone Nearby, Underground Utilities, Water Available, Water Connected, Water Nearby | |
| Water Source: | Public | |||
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