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$ 999,000
Est. payment /mo
Pending
5172 Lynch DR Marianna, FL 32446
21 Beds
12 Baths
10,084 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 10,084 sqft
Price per Sqft $99
Subdivision No Named Subdivision
MLS Listing ID 775543
Style Duplex
Bedrooms 21
Full Baths 12
HOA Y/N No
Year Built 2000
Lot Size 8.910 Acres
Acres 8.91
Property Sub-Type Duplex
Property Description
Prime 8.91 acre Multi-Family Investment Opportunity North of Marianna, FL!
Don't miss this outstanding income-producing property located just north of Marianna on paved Lynch Drive. This multi-family setup features four (4) brick duplexes, one 1989 mobile home, and one single family home totaling 10 rental units.
Each duplex unit offers 2 bedrooms and 1 bath, with new roofs installed in 2019--a solid, low-maintenance investment. The mobile home adds even more value with 3 bedrooms and 2 baths and the single family residence adds another 2 bedrooms 1 bath. All units are currently rented, providing consistent cash flow from day one.
According to Jackson County Planning & Zoning, the property allows for 2 units per acre, making future development a possibility. Plus, the current owner has already installed two additional water hookups that are not yet in use--perfect for potential expansion.
This well-maintained property is an excellent addition to any investment portfolio. Take advantage of this rare opportunity to own a versatile, income-generating asset in a desirable location. Contact us today to learn more and schedule a tour!
Don't miss this outstanding income-producing property located just north of Marianna on paved Lynch Drive. This multi-family setup features four (4) brick duplexes, one 1989 mobile home, and one single family home totaling 10 rental units.
Each duplex unit offers 2 bedrooms and 1 bath, with new roofs installed in 2019--a solid, low-maintenance investment. The mobile home adds even more value with 3 bedrooms and 2 baths and the single family residence adds another 2 bedrooms 1 bath. All units are currently rented, providing consistent cash flow from day one.
According to Jackson County Planning & Zoning, the property allows for 2 units per acre, making future development a possibility. Plus, the current owner has already installed two additional water hookups that are not yet in use--perfect for potential expansion.
This well-maintained property is an excellent addition to any investment portfolio. Take advantage of this rare opportunity to own a versatile, income-generating asset in a desirable location. Contact us today to learn more and schedule a tour!
Location
State FL
County Jackson
Community Short Term Rental Allowed
Area 09 - Jackson County
Interior
Fireplace No
Exterior
Community Features Short Term Rental Allowed
Private Pool No
Building
Dwelling Type Duplex
Architectural Style Duplex
New Construction No
Others
Restrictions Short Term Rentals Allowed
Tax ID 18-5N-09-0277-0000-0028 & 0021
Listed by Chipola Realty
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