Casselberry, FL 32707,1404 CARLISLE DR
Casselberry, FL 32707,1404 CARLISLE DR
Casselberry, FL 32707,1404 CARLISLE DR
33
$325,000
$399,900
18.7%
Est.Price: ?

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3,481 SqFt

1404 CARLISLE DR Casselberry, FL 32707

Est. payment /mo
SOLD DATE : 06/11/2021

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Key Details

Sold Price $325,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,481 sqft

Price per Sqft $93

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

MLS Listing ID O5941143

Sold Date 06/11/21

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 5 manufactured homes on 4 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 Central Air, Wall/Window Unit(s)

Exterior

Utilities Available Public

View Y/N 1

Roof Type Other

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

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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agent

Catherine Throneburg

Agent | License ID: 3489984

+1(407) 267-6040

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