12,204 SqFt
12,204 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,204 sqft
Price per Sqft $204
MLS Listing ID C7516446
Construction Status Fixer
HOA Y/N No
Year Built 1969
Annual Tax Amount $7,369
Lot Size 1.350 Acres
Acres 1.35
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
All units are conveniently located within minutes of downtown Madison, schools, shops, and dining — yet set on spacious lots that offer privacy, mature landscaping, and room to expand. Together, the properties total over an acre of land, providing investors or multi-family owners the ideal blend of comfort and long-term appreciation.
Each unit features independent entrances, separate utilities, and functional layouts, giving you the freedom to rent for maximum cash flow, transform them into a charming short-term rental portfolio or Build a new Construction.
Whether you're a first-time investor, Builder, experienced landlord, or visionary seeking passive income in a quiet North Florida community, this trio offers an exceptional cap rate opportunity in a market with steady rental demand and limited multi-unit inventory.
Nestled near major routes like Base Street (US-90) and just a short drive from I-10, these properties combine convenience, flexibility, and growth potential. With their solid structures, walkable location, and multiple income streams, this is the kind of deal that rarely comes around in Madison County- Three Properties, One opportunity, Endless potential.
Location
State FL
County Madison
Area 32340 - Madison
Interior
Cooling Central Air
Exterior
Roof Type Shingle
Building
Story 1
Foundation Slab
Lot Size Range 1 to less than 2
Structure Type Concrete
New Construction false
Construction Status Fixer
Others
Ownership Corporation
Acceptable Financing Assumable, Cash, Special Funding
Listing Terms Assumable, Cash, Special Funding
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/C7516446
Find out why customers are choosing LPT Realty to meet their real estate needs
ptcomo@patcomofloridarealestate.com
1400 S International Pkwy, Lake Mary, FL, 32746, USA