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Image 1 - 1154 Ne 1st St, Crystal River, Florida, 34429 - House for sale

Image 2 - 1154 Ne 1st St, Crystal River, Florida, 34429 - House for sale

Image 3 - 1154 Ne 1st St, Crystal River, Florida, 34429 - House for sale

Image 4 - 1154 Ne 1st St, Crystal River, Florida, 34429 - House for sale

Image 5 - 1154 Ne 1st St, Crystal River, Florida, 34429 - House for sale

Image 6 - 1154 Ne 1st St, Crystal River, Florida, 34429 - House for sale

Image 7 - 1154 Ne 1st St, Crystal River, Florida, 34429 - House for sale

Image 8 - 1154 Ne 1st St, Crystal River, Florida, 34429 - House for sale

Home For Sale In Crystal River, Florida

1154 Ne 1st St, Crystal River, Florida, 34429

Home For Sale In Crystal River, Florida

house for sale

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Listed: 03/19/24

1154 Ne 1st St, Crystal River, Florida, 34429

Studio Bed:

3,552 Sq Ft Living Area:

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Price

$ 600,000

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About This House

Fully Tenanted Multifamily Gem in Crystal River, FL. An exceptional investment opportunity awaits in the heart of Crystal River, FL. This multifamily property boasts five fully tenanted units across two buildings, providing a steady income stream from day one. Property Features: Building 1 comprises three units, while Building 2 encompasses two units, all featuring spacious 2 bedrooms and 1 bathroom layouts. R2 zoning offers the potential to expand further, allowing the construction of three additional units, providing increased income potential for savvy investors. Tenant Occupied: Currently, all units are occupied, ensuring immediate and consistent cash flow for the discerning investor. Total annual expenses is$18, 894included Management Fee. CAP RATEis 6.6%.

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Original listing

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Crystal River Housing & Living

Household Income

Median household income: $32,721

Number of households: 1,275

The average household income in Crystal River, FL declined from $35,264 to $32,721 in the past year. This data is an estimate based upon 1,275 households in Crystal River, FL.
The chart below presents how household income is distributed in Crystal River, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Crystal River, FL compared to median property taxes around the country. The prevalent amount of property taxes in Crystal River, FL equals <$800 , which is less than the national average.

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