5172 Lynch Drive, Marianna, FL 32446
  • MLS#: 775543 ( Residential )
  • Street Address: 5172 Lynch Drive
  • Viewed: 1
  • Price: $625,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2000
  • Bldg sqft: 0
  • Bedrooms: 7
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 2
  • Additional Information
  • Geolocation: 30.8386 / -85.164
  • County: JACKSON
  • City: Marianna
  • Zipcode: 32446
  • Subdivision: No Named Subdivision
  • Provided by: Chipola Realty
  • DMCA Notice
  • Description
    Prime 5.9 acre Multi Family Investment Opportunity North of Marianna, FL!Don't miss this outstanding income producing property located just north of Marianna on paved Lynch Drive. This multi family setup features two brick duplexes and one 1989 mobile home, totaling five rental units.Each duplex unit offers 2 bedrooms and 1 bath, with new roofs installed in 2019 a solid, low maintenance investment. The mobile home adds even more value with 3 bedrooms and 2 baths. All units are currently rented, providing consistent cash flow from day one.According to Jackson County Planning & Zoning, the property allows for 2 units per acre, making future development a possibility. Plus, the current owner has already installed two additional water hookups that are not yet in use perfect for potential expansion.This well maintained property is an excellent addition to any investment portfolio. Take advantage of this rare opportunity to own a versatile, income generating asset in a desirable location. Contact us today to learn more and schedule a tour!
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Features
Possible Terms
  1. Cash
  2. Conventional
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Covered Spaces
  1. 0.00
Furnished
  1. Unfurnished
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. 18-5N-09-0277-0000-0028; OR 270 P 678 COMM AT NWC OF LOT 2 MARGENE SUBDV
  2. RUN E 364.18 FT TO BEGIN
  3. RUN E 625.82 FT TO E LINE OF LOT 4
  4. S 6* W 424.26 FT
  5. W ALONG N SIDE OF RD 626.35 FT
  6. N 7* E 404.02 FT TO POB. BEING A PART OF LOT 2
  7. LOT 3 & S1/2 OF LOT 4 MARGENE SUBDV. IN SECT 17... OR 329 P 776 OR 402 P 505 OR 658 P 306
Living Area
  1. 5126.00
Area Major
  1. 09 - Jackson County
Net Operating Income
  1. 0.00
Occupant Type
  1. Occupied
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 18-5N-09-0277-0000-0028
Pet Deposit
  1. 0.00
Pool Features
  1. None
Property Type
  1. Residential
Security Deposit
  1. 0.00
Sewer
  1. SepticTank
Style
  1. Duplex
The Range
  1. 0.00
Trash Expense
  1. 0.00
Utilities
  1. SepticAvailable
Year Built
  1. 2000
Liked Listings
Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177
  4. 229.834.4988