Property description of Triplex - Windian Lake Heights Sub

This property won’t last long with a major $229,000 price reduction! 3 unit multifamily opportunity with canal frontage leading to lake-walk-in water. Located at the end of a private, dead-end street with 164 feet of canal frontage, this unique 0. 54-acre multi-family property offers direct access to the 7,500-acre lake walk-in-water—nationally renowned for its trophy bass fishing. Zoned r-3, this property features three existing units and the infrastructure to add a fourth, making it the ultimate versatile asset. Choose your strategy: 1) the value-add investment at the newly reduced price of $229,000! The property generates $2,075/month ($24,900/year) from just two occupied units (units a and c), with tenants paying their own utilities. Immediate upside: lease the currently vacant unit b ($750. 00/month) $33,900. 00/year unlocking a massive double-digit cap rate! 2) the water

Property Features