20 acres with a large lake loaded with bass,
bluegills and other breeds …..2 large homes with 21
additional rental units that generates an annual income well in
excess of
$100,000... enough to pay the mortgage with enough left
over for retirement.
The owners 5 bedroom 3 bath house overlooks
the lake with an island and is far removed from the site of
income properties leaving a very picturesque view. The owner
also has a complete workshop.
Imagine, living in paradise with your own
luxury home with your own lake on Florida’s West Coast with your
mortgage, taxes and insurance paid for and at the same time
generate enough additional income that will allow you to retire.
Looking for investment property….if the
owner residence would be rented the same way the guest house was
divided up and rented….your net income after debt service and
expenses would exceed $100,000
This property/investment at $995,000 represents a total asset
purchase.