• 6631 Magnolia St, Milton, FL 32570 Main Photo

6631 Magnolia St
Milton, FL 32570

$1,295,000

23 Photos

Listing Details

  • $1,295,000
  • MLS# 687888
  • Type Multi Unit - Multiple
  • Status Active
  • 1982
    Year Built

Listed By

Agency Name: Palm Island Realty Group, LLC
Agency Phone: 850-807-4122

Shown By

Agent Name: Rachael Johnson
Agent Phone: Cell: (850) 377-3144
Agency Title: Levin Rinke Realty

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Home Value Estimate


Description

Excellent multifamily investment opportunity in Milton! Updated complex consisting of a total of 12 1-bedroom, 1-bathroom units. Each unit has been updated with modern finishes including luxury vinyl plank flooring, stainless steel appliances, quartz countertops, updated fixtures, and washer/dryer hookups. The property is currently 10 of 12 units occupied, providing immediate rental income with additional upside through lease-up of the two vacant units. One vacant unit, 6651, is currently set up and utilized as an on-site leasing office and could be returned to residential use. Current base rents are approximately $925-$945 per month, with...read more

Features

  • Ceiling Fan(s), Central Air
  • See Remarks
  • Central
  • 2.0 Stories
  • Built in 1982

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