5835 SANTA MONICA ST Milton, FL 32583 | Avalon Beach | Duplex | Residential Income

$249,500

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Description

Multi-family property that brings in $27,600 annual gross rent when fully occupied. New roof in 2019! Unit 5835 is two bedroom, one bathroom and is rented for $1,050 per month. The lease expires on 05/31/2025. Unit 5837 is three bedroom, one bathroom and is currently vacant. It was recently rented for $1,250 per month. It is conveniently located near I-10 and minutes away from schools, dining, and shopping. Only 20 miles from the beach! Unit 5835 has chain-link fencing. You could live in one side, while renting out the other. This property is a great opportunity for first time investors or even to add to a seasoned investor's portfolio! Please do not disturb the resident in the unit on the right. This multi-family home will not last long! Schedule your showing for the vacant unit today!

Property Details

List Price $249,500 List Date 2024-05-16 MLS ID 645746 Status Active Property Type Duplex Property Sub Type Residential Income County Santa Rosa

structure

Total Baths 0 building area total 2041.0 building area units Square Feet building name None carport y n No construction materials Frame cooling Central Air cooling y n Yes flooring Tile foundation details Slab garage y n No heating Central heating y n Yes leasable area units Square Feet levels One living area units Square Feet new construction y n No Parking Features Front Entrance property condition Resale roof Shingle stories 1 year built 1954

characteristics

horse y n No Lot Description Corner Lot lot size units Acres # of Units 2 pool features None road responsibility County Maintained Road waterfront features None waterfront y n No

school

elementary school Bennett C Russell high school Milton middle or junior school Avalon

tax

parcel number 401N280090523000010 tax legal description AVALON BEACH LOTS 11 & 12 BLK593 AS DES IN OR 4327 PG 245 zoning description Res Multi

contract

foreclosure y n No short sale y n No

compensation

Buyer Agency Comp. 3% Buyer Agency Comp. Type % Non-Rep Comp. 3% Trans. Broker Comp. 3%
This listing was last updated on 5/28/2024 2:39:30 PM (UTC)


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The buyer agent compensation offered only applies to participants and data share participants of the Pensacola Association of REALTORS® Multiple Listing Service.