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123 Magnolia Dr

By Owner
SATSUMA, FL, 32189
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Property Description

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3 Bedrooms

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2.0 Baths

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1,624 SQ FT

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0.26 Acres

$255,000

About this home

Staking its claim on a generous 0.26-acre plot, this charming residence eagerly awaits its next chapter penned by the discerning investor. Nestled within a tranquil neighborhood, this gem delivers in space, comfort, and potential with its 3 bedrooms, 2 bathrooms and a vast living area spanning 1624 square feet. Peek beyond the front door to reveal a thoughtfully designed floor plan, promising effortless flow and comfortable living. Three generously proportioned bedrooms offer tranquility and rest after a busy day, while a duo of bathrooms provide convenience and practicality for both residents and guests. Currently benefiting from a secured income stream, the property houses a reliable Section 8 tenant with a 12-month lease that commenced on 9/1/24, generating a monthly rent of $1200. This setup provides for a means for a steady income, whilst also offering the sheer potential to make future enhancements under your entrepreneurial vision. Schedule a viewing to fully appreciate this unique investment opportunity. An inviting haven with the allure of comforting stability combined with growth potential - this property offers the ideal blend for the shrewd real estate investor. An on-site owner facilitates ease and assistance, whilst a seller-paid realtor commission of 3.5% completes the attractive package.

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