Commercial property in Umatilla, Florida 7 bedrooms, 326.27 sq.m. № 2348339

ID2348339
$ 499 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
**TRIPLEX | $60,000+ POTENTIAL ANNUAL INCOME | HOUSE-HACKING OPPORTUNITY** Great investment opportunity in Umatilla! This versatile **triplex** offers the potential for **over $60,000 in annual gross rental income**, while also providing an excellent opportunity for an owner-occupant to house hack. The property features **three separate units**, creating multiple income streams under one roof. The **1-bedroom unit can be delivered vacant**, allowing the new owner to move in and live on-site while renting the other two units to help offset their mortgage and expenses. For investors, the property offers the potential to generate **$60,000+ in gross annual rental income**. For owner-occupants, the ability to occupy the 1-bedroom unit while collecting rent from the other units creates an attractive path toward significantly reducing the cost of homeownership. Located in Umatilla, this property offers a convenient residential setting with easy access to local shopping, dining, schools, parks, and surrounding Lake County communities.
**Three units. Multiple income streams. $60,000+ potential gross income. And the flexibility to house hack.**
Whether you're looking to expand your rental portfolio or live in one unit while the property helps pay for itself, **16025 Wallace St is an opportunity you won't want to miss.**
MLS #: V4951056
Contact the seller
CityUmatilla
Address16025 WALLACE STREET
TypeCommercial property
Bedrooms7
Living space326.27 m²
- m²
- sq. ft
Completion dateIV quarter, 1966
Price
- Price
- per m²
$ 499 000
- EUR €
- USD $
- RUB ₽
- GBP £
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