3600 Balsam St, Palatka, FL
Multi-family for Sale - $499,900 - 7 acres
Agent Info
Marc Spalding Coldwell Banker Ben Bates, Inc., Realtors |
Property Info
CIMLS# | 1152678 |
Location 3600 Balsam St Palatka FL 32177 | |
Updated | April 26th, 2024 |
Type | Multi-family |
Price | $499,900 |
Land | 7 acres |
Property Description
Investment Opportunity! Established mobile home park with a total of 14 mobile homes and 7 rented units. All leases are on a month-to-month basis. Current annual income of $35,160 with estimated annual expenses of $11,500. Consists of three parcels for a total of 7.2 acres. With the combination of the three parcels, park can be expanded with upgrades to meet current codes. All certifications are up to date. Property has 1 well and 4 septic tanks. Don't let this opportunity pass you by!