2410 Myrtle Avenue, Mims, FL 32754

$250,000
4
BD
2
BA
1,500
SqFt

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List Price
$250,000
MLS#
1088248
Type
Multifamily
Bedrooms
4
Bathrooms
2
Living Area
1,500
Lot Size
10,454
Subdivision
Puryear Ward Plat Of Mims
Year Built
1960

Property Description

Rare investment opportunity in Mims. This side-by-side duplex has been continuously rented for 30 years, an exceptional track record of tenant demand and cash flow stability. Both units offer a 2-bedroom, 1-bathroom layout across approximately 1,500 square feet combined. Both are under year-long leases generating $2,200 in combined monthly rent, or approximately $21,400 in net annual income, an 8.5% cap rate. Listed at $250,000. Roof replaced in 2013. AC system replaced in 2017. A turnkey opportunity for an investor seeking proven cash flow with minimal vacancy risk.

Additional Information

Appliances
Electric Range, Refrigerator
Exterior Construction
Block
Roof
Shingle
High School
Astronaut
Middle School
Madison
Elementary School
Mims
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Heating
Electric
Cooling
Central Air, Electric

Listing courtesy of Keller Williams Advantage Rlty.

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Calculator source: Real Geeks