$899,900
For Sale

8010 SE US HIGHWAY 301

Hawthorne, FL 32640
Browse 22 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

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
      • InteriorBuilt-in Features, Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Wa
      • Utility FeaturesBB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Fiber Optics, Fire Hydrant, Phone Avail
      • Exterior MaterialsAwning(s), Lighting, Sidewalk, Sliding Doors, Storage
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti-Family
      • Original List Price$899,900
      • MLS #O6276580
      • MLS #O6276580
      • CountyAlachua
      • Utility SourcePublic
      • Taxes Annual$2,499
      • Cost899900
      • Acres4.13
      • Year Built1952
      • FoundationSlab
      • SubdivisionN/A
      • Days on Market (Cumulative)36

Location

Susan Camus | Imagine PropertiesReal Estate Group

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