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$1,295,000
-- Bed
- -- Bath
6,144sqft
6631 Magnolia St, Milton, FL 32570
$1,295,000
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Apartment
Built in 1982
$-- HOA
-- sqft lot
$211/sq.ft
Description
Excellent multifamily investment opportunity in Milton! Updated complex consisting of a total of 12 1-bedroom, 1-bathroom units. Each unit has been updated with modern finishes including luxury vinyl plank flooring, stainless steel appliances, quartz countertops, updated fixtures, and washer/dryer hookups. The property is currently 10 of 12 units occupied, providing immediate rental income with additional upside through lease-up of the two vacant units. One vacant unit, 6651, is currently set up and utilized as an on-site leasing office and could be returned to residential use. Current base rents are approximately $925-$945 per month, with tenants also paying an addition...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1982
HOA Fees
-
Finished Area
6,144 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Pensacola AOR MLS
MLS Number
687888
MLS Status
Active
Days on Market
2
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