2955 State Road 14Madison, FL 32340

Property Details for 2955 State Road 14

Lot size

4.00 AC

Property size (Sq ft)

1,360 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional multifamily investment property, located at 2955 SW State Road 14 in Madison, Florida, presents a lucrative opportunity for discerning investors. The property consists of two detached single-family homes and two single-wide mobile homes, all currently generating a combined monthly rental income of $2,900. Situated on a four-acre lot, the property boasts a total square footage of 1,360. Each unit contributes to the substantial rental income stream, making this a highly desirable investment. The property's zoning allows for one dwelling per acre, offering potential for future expansion or development. Further enhancing its appeal are two existing wells and two septic tanks, ensuring self-sufficiency and minimizing reliance on municipal services. Conveniently located minutes from Interstate 10, this property offers easy access to major transportation routes, enhancing its attractiveness to both tenants and investors. The asking price is $475,000, representing a compelling value for this income-producing asset in a desirable location. This is a rare opportunity to acquire a well-maintained, high-yielding multifamily property with significant upside potential.

Location Insight

City

Madison

County

Madison

State

Florida

Latitude

30.439

Longitude

-83.4392

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].