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$110,000
Est. payment /mo
2 Beds
2 Baths
0.5 Acres Lot
Active
5491 Brown ST Graceville, FL 32440
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision No Named Subdivision
MLS Listing ID 778729
Style Other
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1954
Annual Tax Amount $835
Tax Year 2024
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Single Family Residence
Property Description
Opportunity knocks in the heart of Graceville! This property is primed for investors or savvy buyers looking to build income-producing rentals. The existing structure has a strong head start with new Hardie board siding and a new roof already completed—the big-ticket exterior work is done for you. With interior renovations, you can quickly transform it into a 2-bedroom, 2-bathroom rental unit as the anchor for your project.
But the real value lies in the expansion potential: this site is set up to add up to 6 additional units, with city water, sewer, and some power poles already in place. That's the infrastructure you need to scale and create an excellent multi-unit investment property, all within Graceville's convenient downtown setting.
Whether you finish the remodel for a single rental or develop the entire property for maximum returns, this is a rare chance to step into a project with both momentum and huge upside.
But the real value lies in the expansion potential: this site is set up to add up to 6 additional units, with city water, sewer, and some power poles already in place. That's the infrastructure you need to scale and create an excellent multi-unit investment property, all within Graceville's convenient downtown setting.
Whether you finish the remodel for a single rental or develop the entire property for maximum returns, this is a rare chance to step into a project with both momentum and huge upside.
Location
State FL
County Jackson
Area 09 - Jackson County
Interior
Fireplace No
Exterior
Utilities Available None
Building
Story 1
Entry Level One
Architectural Style Other
Level or Stories One
New Construction No
Others
Tax ID 35-7N-13-0067-0000-0040
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional,Seller Financing
Listed by Chipola Realty
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