496 Avenue A # A East Point, FL $ 360,000
496 Avenue A # A
$ 360,000
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496 Avenue A # A

East Point, FL, 32328
$ 360,000
Baths0.0 Sq 2,088

Monthly Estimate*

$ 2,393

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Studio

Multi-Family Home for sale in East Point, FL

for $360,000. This 2,088 square foot home was built in 1940.

**Listed at recent "AS-IS" appraisal value** Appraisal available upon request. Rare opportunity! 1-acre property featuring four small detached single family homes that would make the perfect little Airbnb community. In addition to the 4 homes, there are 2 RV spots with 50 amp hookups. Nestled beneath the scrub oaks and distant view of the Apalachicola Bay, this charming retreat offers endless potential for investors. All four homes are in need of some renovation. Each home awaits your creative touch to restore them to their full glory. With ample space for expansion or additional amenities, this property is a blank canvas awaiting your vision. Don't miss out on this chance to turn these hidden gems into a profitable Airbnb haven. Two of the units have a renters with 1 year leases. The 3/1 is rented for $850 the 2/1 is currently rented for $750 but goes up to $800 5/1. Wind mitigation and 4 point inspections are available upon request. Occupied units can be viewed once under contract. Leases end 12/24 and 04/25. The two unoccupied homes have new windows and one of the units has been gutted, ready for reno. Also, potential for re-zoning and parceling the lot into 2 or 3 separate parcels.

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Multi-Family Active

Price

$ 360,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,342

Style

One Story

Year Built

1940

Town/City

East Point

County/Region

Franklin

MLS | Web ID

371535

Features
General
Heating SpaceHeater
Cooling WallWindowUnits
Possession CloseOfEscrow
Exterior Features Deck
HOA 0.0
Patio/Porch Features Deck
Architectural Style OneStory
Construction Materials WoodSiding
Year Built 1940
Stories 1
Unit Number A
Property SubType MultiFamily
County Franklin
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name N/A
Garage Y/N N
Rent Includes None
Special Listing Conditions Standard
Status Active
Directions S on 98 to Eastpoint // Right at 2nd St // Property is on the L at the corner of 2nd St and Ave A
High School Franklin County High School
City EAST POINT
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 4
MLS Area Franklin
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Avenue A
Listing Terms Cash
Elementary School OTHER
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1342.0
Home Warranty Y/N N
Middle/Junior High School Franklin County Middle School
Ok to Lease Item12Months
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 45
Standard Status Active
Tax Lot -
Property Sub Type Additional MultiFamily
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Interior
Flooring Other
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Electric On Property Y/N N
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Exterior
Parking Features Unassigned VariesbyUnit
Spa N
Building Area Total 2088.0
Lot Dimensions 229X205X229X205
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 496
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* Excluded Features
List By
Hill Spooner & Elliott Inc

Broker

Affordability Calculator

$2,505
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,393
Monthly Property Taxes
$112
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3570956 Elementary School
3570944 Middle School
Franklin County High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2024$360,000 Listed Price

Map


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496 Avenue A # A, East Point, FL, 32328 is a Multi-Family Home for sale at $360,000 with 2,088 sqft. 496 Avenue A # A is a studio with 0.0 baths and was built in 1940. The property's zip code is 32328 which is in East Point, FL