Commercial property in Mims, Florida 4 bedrooms, 139.35 sq.m. № 2378276

Property description

Rare investment opportunity in Mims. This side-by-side duplex has been continuously rented for 30 years, an exceptional track record of tenant demand and cash flow stability. Both units offer a 2-bedroom, 1-bathroom layout across approximately 1,500 square feet combined. Both are under year-long leases generating $2,200 in combined monthly rent, or approximately $21,400 in net annual income, an 8.5% cap rate. Listed at $250,000. Roof replaced in 2013. AC system replaced in 2017. A turnkey opportunity for an investor seeking proven cash flow with minimal vacancy risk.