Specializing in Investment Real Estate and Commercial properties including mobile home parks and apartment buildings mostly in Florida.
ONEIDA MANOR
David Ritchie-Realtor® 12058 San Jose Blvd. Jacksonville,Florida32223 email turnkey@aug.com
904-347-4161
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399,999.00
Seller has owned this investment now for 17 years. General Contractor Bruce Heishman has done extensive renovations in 2000 and complete restoration in 2005. This is a double lot of 70’X 108’ in downtown Saint Augustine. The investment consists of a two story main house and a rear cottage. In the main house, there are two one Bedroom, two bath apartments.
The new metal roof was completed in 2000, as was the entire second story electrical. These units each have their own electric meter and pay separately. The downstairs of main house is a three bedroom, three-bath owners apartment. With a full kitchen, dining room, living room and what use to be called a solarium we currently call this the office. To recap, the big house has 5 bedrooms, and 7 baths. The downstairs three bedroom unit has it’s own electric meter as well as the cottage, bringing the total meters to four. Downstairs would also be perfect for students, one in each room. Flagler College is three to Four blocks away.
Rent Roll is currently as follows.
Cottage $550.00 Tenant 4 years
Apt. 3 $800.00 Upstairs, back
Apt. 2 $750.00 Upstairs, street side
Apt. 1 $500.00 front bedroom
$500.00 Middle Bedroom
$400.00 Back Bedroom
$3,500.00 with room to go up
The investment property currently has one unit (upstairs rear) empty, and two downstairs rooms empty because of construction.
· Electric; well Pump, all of downstairs, and outside lights, all on house meter (10 bill Average) $100
· Gas; hot water for cottage and downstairs cooking for downstairs and cottage $50
· Taxes; 2005 $2,700
· Water, Garbage, and Sewer (10 bill Average) $125.00
· Insurance Brook in Palatka $2,060.00
I do my own lawn mowing (takes 20mins)
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any questions or inquires call David Ritchie 904-347-4161 or email turnkey@aug.com
I believe this information to be correct but I do not warrant this information.