Great Investment opportunity in Sunset Beach / Treasure Island! 2/1 cottage with 4 additional income producing units! 100% occupied and turn key, this property is one of a kind. Walk to the beach, restaurants and bars, while enjoying a tranquil, tropical oasis of your own, with 4 of it's own income producing units, or rent them all and net approximately $58k annually
Income figures based upon current leases
Expenses are based on current taxes, hazard insurance(current owner does not carry flood insurance), and estimated water & common area electric bills which will be updated to the actual amounts by 3/10).
Do Not Disturb Tenants! All units will be available for inspection, once under contract.
Note: There was some water intrusion during TS ETA, however the damage was minimal and was properly repaired.
Survey, elevation certificate, current lease terms, current insurance cost, flood insurance quote and 12 month most recent utility bills are available upon request.