Description
Investment opportunity!!!! Potential for income producing multi-unit complex. Currently configured to be 8 1BR/1BA apartments. Recreate the current layout or differentiate for fewer units. Many possibilities, just needs your vision to make this a much-needed affordable housing location. A historic landmark built around 1897 as a lodge. This is the perfect opportunity to live the salt life while creating rental income. Some of the units are currently vacant and all of the units need renovating. Current occupants are on a month-to-month lease with rent averaging $500/month for those currently occupied. Very short walk to downtown's riverfront with restaurants, shopping, and fishing. Ind HVACS inoperable -some window units. Short drive to beaches and neighboring larger towns. Needs work! Info taken from FCPA and should be verified.
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8BEDS
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0.28ACRES
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8BATHS
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01/2 BATHS
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3,648SQFT
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$0$/SQFT
School Ratings & Info
Description
Investment opportunity!!!! Potential for income producing multi-unit complex. Currently configured to be 8 1BR/1BA apartments. Recreate the current layout or differentiate for fewer units. Many possibilities, just needs your vision to make this a much-needed affordable housing location. A historic landmark built around 1897 as a lodge. This is the perfect opportunity to live the salt life while creating rental income. Some of the units are currently vacant and all of the units need renovating. Current occupants are on a month-to-month lease with rent averaging $500/month for those currently occupied. Very short walk to downtown's riverfront with restaurants, shopping, and fishing. Ind HVACS inoperable -some window units. Short drive to beaches and neighboring larger towns. Needs work! Info taken from FCPA and should be verified.
© 2023 Realtors Association of Franklin and Gulf Counties. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or St. George Island Realty. Data last updated: 2023-12-03T08:42:30.16.