316 Mountain Dr, Destin

$399,000
MLS #: 551098
Street 316 Mountain Dr City Destin Zip

Property Details

Bedrooms: 9 Bathrooms: 6 Square Ft: 4,264 Lot Size: –

Additional Information

Year Built: 1982 Prop. Type: Fourplex Waterfront: – WaterView: – Subdivision: Calhoun S/d To Destin
Description:

A HIDDEN GEM IN THE MIDDLE OF DESTIN. MAKE RENTAL $$ WHILE DOWNTOWN DESTIN PROPERTY VALUES RISE OVER THE NEXT FEW YEARS. Fourplex with the bonus of a rentable home on the property which has been converted into 2 rental units providing a total of 6 units of rental income. The present monthly rental is $3,875 or $49,500 per year and these rates have room to be increased. Each unit in the Duplex is approximately 750 square feet. The total area in the home is 1264 square feet. Call listing agent to discuss the approved commercial usage for this property. Property on the south of Mountain Drive has more flexibility and uses than property on the north side. Buyer to verify footage and room dimensions. PROPERTY TO BE SOLD AS IS. Contract and payment of commission contingent on all owners agreeing to the sale and signing off on the final contract.

Listing Provided Courtesy of: The Realty Firm Inc

Last Updated: 2012-05-23 16:35:08
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