EXCELLENT INVESTMENT FOR INVESTORS: Well
kept 3 Unit Triplex Studio
Apartments. ALL units are occupied and is
up FOR SALE in
Palatka, Florida. Close to Highway 20, Walmart and Winn Dixie. Nice
corner lot on a paved
road. Each unit has a kitchen, separate bath with shower,
closet and a 15X16 living area. (Upgrades) metal roof was replaced in
each unit. Tenants pay electricity. Owner provides well
water, which costs us about $400/year. This includes electricity for
pump and tests submitted to Florida State Health Dept. Owner
pays lawn service. Otherwise upkeep is minimal.
All 3 apartments are identical studios. Building is solid brick. Well
water. Includes 3 buildable lots on .47 acre. Metal roof, new windows,
new pump & septic system. VID# 12381. Utilities: $680.
for well pump. Tenants pay electric. Tax: $993/yr. Can elect to change
designation from County to City. However, that will slightly increase
tax rate. It also means that you could hook up to city water and sewer.
Excellent location to add commercial storage units, if zoning permits.