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155_161 Caswell Branch Road

Freeport, FL 32439
  • $510,000
  • STATUS: Active
  • ON SITE: 127 Days
  • MLS #: 877640
UPDATED: 48 min ago
$510,000
  • 3
    BEDS
  • 0.49
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,136
    SQFT
  • $449
    $/SQFT
Type:
Single-Family Home
Built:
2016
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

INCOME PRODUCING MULTI-FAMILY properties with (2) Two Cottages in Freeport sitting on (4) beautiful lots with large oak trees. All tap fees are paid. Only 15 minutes from the Pristine beaches of Florida's Emerald Gulf Coast a perfect location for rental properties with established rental income. Includes (4) lots which would allow for (2) more homes to be added. These homes are built solid to withstand 165 mph winds. Each of the homes have double-pane windows, metal roofs, Hardie board siding, small front porches and/or multiple decks. Each are built with energy efficiency in mind to include extra insulation resulting in super low electric bills. These homes are averaging a rental income of $1,350.00 per unit. The location of these homes makes them incredibly attractive for short-termweekly rentals for folks to enjoy who are looking for great fishing on Four Mile Creek, or cruising to the Choctawhatchee Bay or spending the day on Florida's White Sandy beaches. These amazing properties are centrally located between Fort Walton Beach and Panama City Beach offering so much in the way of fun in the sun, tourism activities and Destin's World-Famous Crab Island all within a short 30-45 min drive. The homes have various upgrades include either spanish tile and/or beautiful wooden laminate, granite countertops, crown molding and double pane windows cased windows throughout the home, privacy picket fences and open decks. Most existing appliances will convey. Washer/dryer hookups. Total Bedrooms/Baths listed are the combined total of both homes. Unit 155 - Tenant Lease expires 1/31/22 Unit 161 - Tenant Lease expires 9/31/21 All information is deemed to be accurate. Buyers are responsible to verify all information.

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© 2021 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NextHome Cornerstone Realty. Data last updated: 2021-11-28T22:59:47.253.
www.nexthomecornerstone.com/homes/119638467
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155_161 Caswell Branch Road Freeport, FL 32439

  • Price: $510,000
  • Status: Active
  • On Site: 127 Days
  • Updated: 48 min ago
  • MLS #: 877640
3
Beds
2
Baths
0
½ Baths
0.49
Acres
1,136
SQFT
$449
$/SQFT
2016
Built
Neighborhood:
Caswell Landing Phase 1 Unrecorded Subdivision
County:
Walton
Area:
Freeport
Elementary School:
Freeport
Middle School:
Freeport
High School:
Freeport
Property Description
INCOME PRODUCING MULTI-FAMILY properties with (2) Two Cottages in Freeport sitting on (4) beautiful lots with large oak trees. All tap fees are paid. Only 15 minutes from the Pristine beaches of Florida's Emerald Gulf Coast a perfect location for rental properties with established rental income. Includes (4) lots which would allow for (2) more homes to be added. These homes are built solid to withstand 165 mph winds. Each of the homes have double-pane windows, metal roofs, Hardie board siding, small front porches and/or multiple decks. Each are built with energy efficiency in mind to include extra insulation resulting in super low electric bills. These homes are averaging a rental income of $1,350.00 per unit. The location of these homes makes them incredibly attractive for short-termweekly rentals for folks to enjoy who are looking for great fishing on Four Mile Creek, or cruising to the Choctawhatchee Bay or spending the day on Florida's White Sandy beaches. These amazing properties are centrally located between Fort Walton Beach and Panama City Beach offering so much in the way of fun in the sun, tourism activities and Destin's World-Famous Crab Island all within a short 30-45 min drive. The homes have various upgrades include either spanish tile and/or beautiful wooden laminate, granite countertops, crown molding and double pane windows cased windows throughout the home, privacy picket fences and open decks. Most existing appliances will convey. Washer/dryer hookups. Total Bedrooms/Baths listed are the combined total of both homes. Unit 155 - Tenant Lease expires 1/31/22 Unit 161 - Tenant Lease expires 9/31/21 All information is deemed to be accurate. Buyers are responsible to verify all information.
Exterior Features

Construction Siding Foundation On PilingFrameRoof MetalRoof PitchedSiding CmntfbrhrdbrdSystem BuiltTrim Wood Design Modular Driveway Spaces 4.00 Exterior Features Deck OpenFenced Back YardFenced Lot-PartPorch Lot Dimensions 98 X 201 X 103 X 227 Lot Features ClearedLevel Lot Parcel Access Paved Road Pool No Pool Type None

Interior Features

Appliances MicrowaveRefrigeratorStove/Oven Electric Bedroom Additional First Energy Ac - Central ElectDouble Pane WindowsHeat Cntrl ElectricWater Heater - Elect Interior Features Floor LaminateFloor VinylWasher/Dryer HookupWindow Treatmnt Some Kitchen First Living Room First Rooms BedroomKitchenLiving RoomOther Sq Ft Source County Pa Records Total Baths 2.00

Property Features

As Is Yes Assessment Fees No Brokerage Interest No Interest Existing Leases 7 - 12 Months Financing Conventional Homestead No Immediate Occupancy No Last Tax Year 2020 Last Taxes 1103.32 Lease Expiration Date 2022-01-31 Listing Board Emerald Coast New Buyer Fee No Rent Per Month 1350.0000 Utilities ElectricPublic SewerPublic Water Zoning Resid Multi-Family

Listing courtesy of Coldwell Banker Realty.


© 2021 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NextHome Cornerstone Realty. Data last updated: 2021-11-28T22:59:47.253.
 
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