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    1404 Carlisle Drive

    Casselberry, FL 32707
    • $399,900
    • STATUS: Pending
    • ON SITE: 19 days
    • MLS #: O5939195
    Pending
    UPDATED: 34 min ago
    $399,900
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 672
      SQFT
    • $595
      $/SQFT
    Type:
    Multi-Family
    Built:
    1973
    County:
    Area:

    School Ratings & Info

    Description

    Ideally located between Winter Park Rd and Tuskawilla Blvd. is an amazing opportunity to own five manufactured homes on four parcels in desirable Casselberry. Currently, each unit is tenant-occupied on month-to-month leases, with each unit bringing in around $800 a month. The properties have been self-managed with long-term tenants. With some light updating, there is room to increase rents to $950-$1000 a month, making the pro forma a massive 10%+ return. Finding a near-turnkey rental opportunity in Casselberry right now is practically impossible.This investment works great as either a flip or a rental. There's also the possibility of replacing the mobiles with larger models or building small single-family homes as the zoning appears to allow both mobile homes or site-built homes. Two of the lots back up to a small pond and are .13 acres & .17 acres. The other two parcels are .23 acres & .15 acres. New construction homes are being built on .14 acres and larger. on Newer model, manufactured homes are selling in the 150k-200k range, and new single-family homes are selling quickly at 275k plus. You won't find an opportunity like this anywhere else.

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    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-05-13T14:42:24.277.
    www.memoryhopkinsrealestate.com/homes/116404706
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    1404 Carlisle Drive Casselberry, FL 32707

    • Price: $399,900
    • Status: Pending
    • Updated: 34 min ago
    • MLS #: O5939195
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    672
    SQFT
    $595
    $/SQFT
    1973
    Built
    Neighborhood:
    A Rep Of A Pt Of Lts 1 & 2 Watts Farms
    County:
    Seminole
    Area:
    Casselberry
    Property Description
    Ideally located between Winter Park Rd and Tuskawilla Blvd. is an amazing opportunity to own five manufactured homes on four parcels in desirable Casselberry. Currently, each unit is tenant-occupied on month-to-month leases, with each unit bringing in around $800 a month. The properties have been self-managed with long-term tenants. With some light updating, there is room to increase rents to $950-$1000 a month, making the pro forma a massive 10%+ return. Finding a near-turnkey rental opportunity in Casselberry right now is practically impossible.This investment works great as either a flip or a rental. There's also the possibility of replacing the mobiles with larger models or building small single-family homes as the zoning appears to allow both mobile homes or site-built homes. Two of the lots back up to a small pond and are .13 acres & .17 acres. The other two parcels are .23 acres & .15 acres. New construction homes are being built on .14 acres and larger. on Newer model, manufactured homes are selling in the 150k-200k range, and new single-family homes are selling quickly at 275k plus. You won't find an opportunity like this anywhere else.
    Exterior Features

    Carport Yn No Construction Materials Metal Frame Exterior Features Other Foundation Details Crawlspace Pool Private Yn No Roof Other Water Access Yn No Water Extras Yn No Water View Pond Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Wall/Window Unit(S) Fireplace Yn No Heating Wall Units / Window Unit Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn Yes Annual Net Income 48000.00 Association Yn No Cdd Yn No DPR No Flood Zone Code X Garage Yn No Homestead Yn No Listing Terms CashConventional New Construction Yn No Property Sub Type Multi-Family Senior Community Yn No Special Listing Conditions None Tax Annual Amount 423.00 Tax Year 2020 Total Actual Rent 4000 Total Num Buildings 5 Utilities Public Zoning Rmh-8


    Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Equitypro Llc.



    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-05-13T14:42:24.277.
     
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    St. Augustine FL, 32084