Amazing Investor Opportunity! 13 Newly remodeled 1 bedroom, 1 bath apartments in downtown Crystal River! New flooring, new roof, new paint, new appliances, new fixtures and all occupied renting for $950/month. New kitchens with fridge and stove and new water heaters! Living room opens to kitchen, bedroom walks to bathroom with tub/shower combination. Property sits on over an acre and a half. There are 10 other units on site that need to be rehabed and are currently boarded up. Units did flood but all have new roofs. Close to Crystal River High School and Middle School, minutes from downtown Crystal River, shopping, restaurants and so much more. No deed restrictions here! Tear down the old units and build new or remodel the existing units. Either way this is a cash cow! Don't miss this chance!
Courtesy: REALTY EXECUTIVES AMERICA INC
352-688-9990
**DO NOT MISS THIS OPPORTUNITY!** Rare chance to acquire a 9-unit property in Crystal River consisting of three separate buildings, each offering three 2-bedroom, 1-bath units. The property provides an excellent opportunity for an investor, developer, or buyer looking to create a multi-unit rental property in a desirable Citrus County location. One of the three buildings has sustained fire damage and is anticipated to require removal, while the remaining two buildings offer a blank canvas for your vision and plans. With nine total units originally configured as 2BR/1BA residences, this property offers tremendous potential for redevelopment, renovation, and long-term investment. Conveniently located in Crystal River with access to area shopping, dining, recreation, and the natural attractions that make the area so desirable. Bring your plans and explore the possibilities this unique property has to offer!
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Crystal River is located in Florida. Crystal River, Florida has a population of 3,291. Crystal River is less family-centric than the surrounding county with 9.72% of the households containing married families with children. The county average for households married with children is 14.81%.
The median household income in Crystal River, Florida is $31,938. The median household income for the surrounding county is $48,664 compared to the national median of $69,021. The median age of people living in Crystal River is 61.2 years.
The average high temperature in July is 91.6 degrees, with an average low temperature in January of 45 degrees. The average rainfall is approximately 53.1 inches per year, with 0 inches of snow per year.
