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15503 NW Chipola Street 15953

Altha, FL 32421

MLS#: 793072

$240,000

Status: Active
Listing number: 793072
Listing provided by: American Gold Realty
Listing agent phone: None
Last update: 15 hours ago
On site: 5 days ago
Browse Properties
No Named Subdivision - Residential

Property

Beds

5

Full Baths

3

1/2 Baths

None

Year Built

1954

Sq.Footage

2,231

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.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    3

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Wood Siding, Frame

  • Patio and Porch Features

    Covered, Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Paved

  • Lot Size(acres)

    0.34

  • Lot Size(square feet)

    14,810

  • Property Type

    Residential

  • Property Sub Type

    SingleFamilyResidence

  • Architectural Style

    Country

Price

  • Sales Price

    $240,000

  • Tax Amount

    $1,074

  • Zoning

    City

  • Sq. Footage

    2,231

  • Price/SqFt

    $107

HOA

  • Association

    No

School District

  • Elementary School

    Altha Public

  • Middle School

    Altha Public

  • High School

    Altha Public

Property Features

  • New Construction

    NO

  • Accessibility Features

    Accessible Approach with Ramp

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Location

County

Calhoun

Elementary School

Altha Public

Middle School

Altha Public

High School

Altha Public

Listing Courtesy of Debbie Roney Smith , American Gold Realty

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Agent Ricky Robbins

REALTOR®

Ricky Robbins

Call Ricky today to schedule a private showing.

(850) 625-4394

Ricky@GulfLifeGo.com


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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.

15503 NW Chipola Street 15953

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