Casselberry, FL 32707,1404 CARLISLE DR
Casselberry, FL 32707,1404 CARLISLE DR
Casselberry, FL 32707,1404 CARLISLE DR
Casselberry, FL 32707,1404 CARLISLE DR
Casselberry, FL 32707,1404 CARLISLE DR
Casselberry, FL 32707,1404 CARLISLE DR
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$325,000

$399,900

18.7%
Est.Price: ?

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Est. payment /mo

672 SqFt


SOLD DATE : 06/15/2021

Key Details

Sold Price $325,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 672 sqft

Price per Sqft $483

Subdivision A Rep Of A Pt Of Lts 1 & 2 Watts Farms

MLS Listing ID O5939195

Sold Date 06/15/21

HOA Y/N No

Year Built 1973

Annual Tax Amount $423

Lot Size 6,534 Sqft

Acres 0.15

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.

Location

State FL

County Seminole

Community A Rep Of A Pt Of Lts 1 & 2 Watts Farms

Zoning RMH-8

Interior

Heating Wall Units / Window Unit

Cooling Wall/Window Unit(s)

Fireplace false

Exterior

Exterior Feature Other

Utilities Available Public

View Y/N 1

Roof Type Other

Garage false

Private Pool No

Building

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Metal Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by EQUITYPRO LLC
Bought with EQUITYPRO LLC
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8291 Championsgate Blvd, Championsgate, FL, 33896, United States

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