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Located in a popular rental corridor, this 5 unit money maker is offered at a 8.7% Cap Rate. The 2 bed 1 bath units are just under 1,000 sq ft. with W/D inside each unit. Annual leases with longer term tenants. Electric and water paid by tenants. Strong current NOI still offers very good upside potential. Financials attached. Could be a good fit for a Self Directed RE IRA. Additional pictures coming.

Property Details of 202 SE 24th AVE 1-5, Unit 1-5

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Listed by CoastalEdge Real Estate LLC

Sold by Travis DeCere, Weichert Realtors Gulf Coast G

Based on information submitted to FGCMLS as of October 1, 2020 . All data is obtained from various sources and has not been, and will not be, verified by broker or FGCMLS.  All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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