BEDS5
BATHS3 full
SQUARE FEET2,231
MLS#793072
STATUSActive
PROPERTY TYPEResidential - Single Family
Property Description
Excellent Investment Opportunity with Two Income-Producing Properties! Expand your real estate portfolio with this versatile property featuring two rental homes, or live in one and rent the other for additional income. Located in a quiet small-town setting, these easy-to-manage rentals currently generate a combined monthly rental income of $1,725, with the 2-bedroom, 1-bath home renting for $800 per month and the 2019 3-bedroom, 2-bath single-wide mobile home renting for $925 per month. Current gross annual rental income: $20,700. The 1,055± SF house is situated on a desirable corner lot, while the 1,176± SF 2019 single-wide mobile home is tucked behind a natural tree line for added privacy and features a covered back deck--perfect for relaxing and enjoying the peaceful surroundings. Conveniently located approximately one hour from Panama City, the Gulf Coast beaches, Pier Park, and Northwest Florida Beaches International Airport. The property also offers easy access to Calhoun Liberty Hospital in Blountstown, shopping at Walmart and Lowe's in Marianna, and the Chipola River boat ramp for boating, fishing, and other outdoor recreation. Whether you're looking to grow your investment portfolio or enjoy the flexibility of living in one home while generating rental income from the other, this property offers outstanding value and potential.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central, Electric
Home Style: Country
Lot Size: 0.34 Acres
Roof Type: Metal
Taxes: $1,074
Year Built: 1954
Feature Descriptions
Accessibility: Accessible Approach with Ramp
Appliances: Electric Range
Community Features: Short Term Rental Allowed
Days on Site: 10
Exterior: Wood Siding, Wood Frame
Fencing: Partial
Lot: Paved
Lot Dimensions: 100 x 150 and 100 x144
Parcel#: 15-2N-09-0800-000G-0300
Patio/Porch: Covered, Porch
Utilities: Electricity Available
Room Sizes
Bedroom: 12.5 X 9.8
Bedroom: 9.1 X 8.1
Primary Bedroom: 12 X 12
Bedroom: 11 X 10
Bedroom: 11 X 10
Local Schools
High School: Altha Public
Middle School: Altha Public
Elementary School: Altha Public
Listed By / Shown By
Listed By
Agency Name: American Gold Realty
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 693.64 per month $534.14 Principal & Interest $89.50 Property Tax $70.00 Homeowner's InsuranceChange Payment Information
15503 NW Chipola Street, Unit 15953 | MLS# 793072
This single family home located at 15503 NW Chipola Street, Unit 15953, Altha, FL 32421 is currently listed for sale with an asking price of $240,000. This property was built in 1954 and has 5 bedrooms and 3 full baths with 2231 sq. ft. Search Altha real estate on www.realtymarkllc.com today.