16502 SPRING STREET is a $255,000, 5,360 square foot home on a 0.84 acre lot located in White Springs, FL.
INVESTOR ALERT! The City of White Springs is in need of a multi-family site just like this one! With little to no competition this is an opportunity to take advantage of an untapped market regardless of your venture. Whether utilized as an assisted living facility,motel or apts - these 17 units will be a cash cow! Located directly across from Stephen Foster Folk Center / Historic Spring House & w/half of the units 90% ready for tenants to move in, there is a great opportunity to start producing income immediately while finishing the remodel of the remaining units; nearly all of the materials to complete the remodel will be provided by seller; no matter which direction you take this project the potential income is huge; owner financing available at negotiable terms to qualified buyers; capitalize on this terrific location right off highway 441. Become the go-to rental provider for the HUGE country music concerns held in the area featuring national artists or cater to the tourism traffic that all of the local rivers and springs bring to the area.
|Above Grade Sqft||5,360|
Floors - Other - See Remarks
Windows - Other - See Remarks
Community Type - City Limits
Road - Paved
Access (Commercial and Lease) - County City Road
Electricity (Commercial and Lease) - Other - See Remarks
Other - See Remarks
Concrete Block - Stucco
Location - Central Business District
Family-1/2 - 2 Acres
|Property Sub Type|
Based on information from the North Florida MLS, last updated 02/16/2019 at 11:10am MST. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.