
Description
This beautifully renovated house is one block from the ocean and includes an in ground pool in the spacious and fully fenced backyard! The updated interior is open and bright with four spacious bedrooms. This is a turnkey, low risk investment property, perfect for a 1031 exchange, with lease in place at $13,000/month (no commission payments or management fees, just collect $156,000/year!). Tenant pays all utilities, pool maint, landscape maint, cleaning, & common wear & tear expenses. Potential for a future construction project with building plans in place and a perfect view of the ocean when you're ready to build your dream home. This property has been recently updated to include removal of the rear structure, new landscaping, pool, flooring, bathrooms, fixtures/hardware, countertops,paint and appliances as well as a partially new roof.
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4BEDS
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0.27ACRES
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2BATHS
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01/2 BATHS
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1,354SQFT
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$1,440$/SQFT
School Information
Description
This beautifully renovated house is one block from the ocean and includes an in ground pool in the spacious and fully fenced backyard! The updated interior is open and bright with four spacious bedrooms. This is a turnkey, low risk investment property, perfect for a 1031 exchange, with lease in place at $13,000/month (no commission payments or management fees, just collect $156,000/year!). Tenant pays all utilities, pool maint, landscape maint, cleaning, & common wear & tear expenses. Potential for a future construction project with building plans in place and a perfect view of the ocean when you're ready to build your dream home. This property has been recently updated to include removal of the rear structure, new landscaping, pool, flooring, bathrooms, fixtures/hardware, countertops,paint and appliances as well as a partially new roof.
