$99,000
$99,000
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5 Beds
2 Baths
2,559 SqFt
SOLD DATE : 07/16/2024
Key Details
Sold Price $99,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,559 sqft
Price per Sqft $38
Subdivision No Named Subdivision
MLS Listing ID 753251
Sold Date 07/16/24
Style Duplex
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1982
Annual Tax Amount $2,164
Tax Year 2023
Lot Size 0.450 Acres
Acres 0.45
Property Description
Discover a rare opportunity in real estate with this meticulously converted house featuring two separate units. This property is offered BELOW MARKET VALUE to accommodate necessary updates and ensure compliance with proper building codes.The main residence offers a very functional layout with 3 bedrooms, 1 full bathroom, an indoor laundry area, and a welcoming living room. The well-appointed kitchen with dining space creates a central hub for gatherings and daily life. Adjacent to the main house, the second unit boasts a separate entry, combining a living and dining area, a fully-equipped updated kitchen, an indoor laundry area, a full bathroom, and 2 bedrooms. An additional flex space, ideal for an office or hobby room, adds to the unit's versatility.To enhance functionality and compliance, the property requires some essential updates. Electrical meters need to be added to both units for individualized usage tracking. (no electricity is currently hooked up to the property) A firewall is needed between the units to ensure safety and privacy, while separating the plumbing systems will add convenience and meet regulatory standards.Recognizing the need for these updates, the seller has strategically priced the property below market value. This creates an extraordinary opportunity for buyers looking to invest in a property with substantial potential. Whether you're a homeowner seeking additional income through rental opportunities or an investor with an eye for unlocking value, this property is a canvas for your vision.ALL OFFERS ARE ENCOURAGED! Property sold AS IS
Location
State FL
County Jackson
Community Short Term Rental Allowed
Area 09 - Jackson County
Interior
Furnishings Unfurnished
Fireplace No
Exterior
Community Features Short Term Rental Allowed
Utilities Available Sewer Connected, Water Connected
Waterfront No
Building
Architectural Style Duplex
Schools
Elementary Schools Marianna K-8
Middle Schools Marianna K-8
High Schools Marianna
Others
Tax ID 05-4N-10-0000-0760-0020
Financing Conventional
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