Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 4-bedroom, 4-bathroom residential multi family at 480 S JEFFERSON Street in Monticello, FL is listed for $390,000. Built in 1920, on a N/A lot.
Located in the heart of Monticello, this 4-unit investment property offers a prime opportunity for investors looking to add value and generate income. Positioned just minutes from local businesses, shopping, dining, and convenient interstate access, the location provides strong appeal for tenants seeking both convenience and accessibility.
Currently, 3 of the units are occupied, providing immediate rental income, while the remaining 2 units are vacant and present an excellent value-add opportunity. Both vacant units are 1-bedroom, 1-bath units that need updating and repairs to become rent-ready, allowing the next owner to renovate and increase overall cash flow potential.
Whether you are looking to expand your investment portfolio, renovate for increased returns, or capitalize on the growing demand for rental housing in Monticello, this property offers strong upside potential in a desirable in-town location.
Key Features
- Built in 1920
Property Details
Amenities
Monthly Cost Estimate
$2,086/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
480 S JEFFERSON Street
Monticello, FL 32344
-
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 4-bathroom residential multi family at 480 S JEFFERSON Street is listed at $390,000. The estimated monthly payment is $1,690 based on 20% down at 6.5% interest.
Key features include: Built in 1920.
This property is listed by Chip Williams and can be reached at 8508009108 or chipwilliamsrealtor@gmail.com.
