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496 Avenue A #A

Franklin
EAST POINT, FL 32328
MLS #369779

Rare opportunity! 1-acre property featuring four small detached single family homes that would make the perfect little Airbnb community. In addition to the 4 homes, there are 2 RV spots with 50 amp hookups. Nestled beneath the scrub oaks and distant view of the Apalachicola Bay, this charming retreat offers endless potential for investors. All four homes are in need of some renovation. Each home awaits your creative touch to restore them to their full glory. With ample space for expansion or additional amenities, this property is a blank canvas awaiting your vision. Don`t miss out on this chance to turn these hidden gems into a profitable Airbnb haven. Two of the units have a renters with 1 year leases. The 3/1 is rented for $850 the 2/1 is currently rented for $750 but goes up to $800 5/1. Wind mitigation and 4 point inspections are available upon request. Occupied units can be viewed once under contract. Leases end 12/24 and 04/25. The two unoccupied homes have new windows and one of the units has been gutted, ready for reno. Also, potential for re-zoning and parceling the lot into 2 or 3 separate parcels.

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Joe Manausa

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850-366-8917
Joe Manausa Real Estate
Lic# BK3252234

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Listed by: Lauren Womble, Hill Spooner & Elliott Inc 850-907-2051
Last Updated: 2024-04-28 16:56:26
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