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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.24 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $2,515
Year Built: 1960
Square Feet: 1,500
Amenities
Eat-in Kitchen
Fence
Feature Descriptions
Annual Net Income: 21400.00
Appliances: Dryer, Range, Refrigerator, Washer
Days on Site: 31
Directions: 46 EDrive to Myrtle Ave2 min (0.4 mi)Continue onto E Main StTurn right onto Myrtle AveDestination will be on the righ
Exterior: Block
Flood Zone Code: X
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.24
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Septic Needed
Showing Instructions: Appointment Only, Call Listing Agent 2,No Lockbox
Special Sale Provisions: None
Utilities: Cable Available, Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RU19
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS ADVANTAGE REALTY
Agency Contact: murraycoleman@kw.com
Shown By
Agent Name: Marc Loscalzo
Agent Phone: (904) 473-9035
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 1,542.69 per month $1,260.19 Principal & Interest $209.58 Property Tax $72.92 Homeowner's InsuranceChange Payment Information
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2410 Myrtle Avenue | MLS# O6443480
This multi-family property located at 2410 Myrtle Avenue, Mims, FL 32754 is currently listed for sale with an asking price of $250,000. Search Mims real estate on www.soldbyloscalzo.com today.