Saint Augustine, FL 32084 ·
4 Units · Multifamily For Sale
Multifamily Property For Sale
|No. Units||4||Property Use Type||Investment|
|Building Size||3,882 SF||Cap Rate||3.70%|
|Property Type||Multifamily||Lot Size||0.20 AC|
|Listing ID: 17133969||Date Created: 04/26/2011||Last Updated: 07/02/2012|
This Historic home has tons of square footage and is full of character and possibilities. You will appreciate the original hardwood floors and fireplaces throughout. This home is in walking distance to the fort, college, and all of the historic district amenities.
Currently this home is used as a rental property and has income from 4 units, with an optional 5th unit. This property would also make a fantastic Bed and Breakfast and would be suitable for a lovely single family residence as well with some reconfiguring. Buyer to verify sqft.
Owner financing with 10% down. Approx. $1000./month positive cash flow.
From US 1 go east on Saragossa Street (look for Herbie Wiles Insurance) and continue to second block. #40 is on the north side. Pull into the driveway and park behind the house. From Cordova street turn west on Saragossa and continue to second block.