6644 E MAGNOLIA Street, Milton, FL 32570 - For Sale
Awesome opportunity to buy 6 newly renovated homes with excellent positive cashflow. Yes, you read correctly, 6 properties for only $525,000! All 6 properties are occupied by tenants who are in the Federal Government' s HUD Section 8 Program. HUD pays rent for the tenants every month therefore rent is guaranteed.Total gross rent received every month: $5,250The total scheduled rent is as followed:6644 Magnolia St. Rent - $900.005063 Pauline St. Rent - $850.006820 Trading Post Ln. Rent - $850.005326 Youpon St. Rent - $850.00508 Edgewater Dr. Rent. - $900.006502 Colonial Dr. Rent - $900.00
6644 E MAGNOLIA Street - listing #1568732
- Type: Income/Investment
- Price: $525,000
- MLS#: 716241
- Letest update: 04/25/15
Status: For Sale
Added: 2014-11-07 Updated: 2015-04-25
Milton, FL 32570 US
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Useful information about Milton, FL 32570 location:
The population of this area is about 24,723. The Average count of Households in this area is 10,472. Black population is about 2,107, White Population is about 21,171, Hispanic Population is about 567, Asian Population is about 411, Hawaiian Population is about 28, Indian Population is about 277, Other Population is about 149. Average Houses in this area is 81,800. Average Income per Household is $35,634. Median Age of population is 35.3 years.
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