About This Home
This 0-bedroom, 0-bathroom multi-family at 6630 Applegate St in Milton, FL is listed for $594,900 ($168 per sqft). Built in 1966, the home offers 3,543 sqft of living space on a N/A lot.
Key Features
- Built in 1966
Property Details
Amenities
Unique 6-unit multifamily investment opportunity in Milton. Situated on approximately 0.44 acres, this property offers a desirable mix of unit sizes consisting of a 2-bedroom, 1-bathroom duplex plus four 1-bedroom, 1-bathroom units, all located on the same parcel.
The property is currently 1 of 6 units occupied, creating an excellent opportunity for an investor to immediately lease the remaining five units and establish the property at current rental rates. The occupied 2-bedroom unit is currently rented at $1,245 per month.
The second 2-bedroom unit is offered at $1,245 per month, while the four 1-bedroom units are offered at $895 per month. The property offers an attractive combination of existing income and significant immediate lease-up potential at a great purchase price.
Additional portfolio opportunity available: Seller also owns a 12-unit complex of updated 1-bedroom apartments and an 8-unit complex of updated 2-bedroom apartments nearby. Seller is willing to consider a package transaction, creating a rare opportunity to acquire up to 26 multifamily units in close proximity. Properties may also be purchased separately.
Monthly Cost Estimate
$3,182/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
6630 Applegate St
Milton, FL 32570
Milton Heights
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 6630 Applegate St is listed at $594,900 ($168/sqft). The estimated monthly payment is $3,182 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1966.
This property is listed by Jennifer Amberg and can be reached at 8504000064.