480 S JEFFERSON Street Unit -, Monticello, FL 32344
- $364,900
- List Price
- $364,900
- Status
- ACTIVE
- MLS#
- 400229
- Price Change
- ▼ $25,100 1783982717
- Year Built
- 1920
- Construction
- Frame, Other, Vinyl Siding
- County
- Jefferson
- Subdivision
- -
Property Description
Located in the heart of Monticello, this 5-unit investment property offers a prime opportunity for investors looking to add value and generate income. Positioned just minutes from local businesses, shopping, dining, and convenient interstate access, the location provides strong appeal for tenants seeking both convenience and accessibility. Currently, 3 of the units are occupied, providing immediate rental income, while the remaining 2 units are vacant and present an excellent value-add opportunity. Both vacant units are 1-bedroom, 1-bath units that need updating and repairs to become rent-ready, allowing the next owner to renovate and increase overall cash flow potential. Total Bedroom Count is 6 bedrooms and 5 bathrooms. Whether you are looking to expand your investment portfolio, renovate for increased returns, or capitalize on the growing demand for rental housing in Monticello, this property offers strong upside potential in a desirable in-town location.
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Additional Information
- Taxes
- $4,050
- Heating
- Central, Electric
- Cooling
- Central Air, Ceiling Fan(s), Electric
- Equipment
- Microwave, Range, Refrigerator, Washer/Dryer
- Floors
- Carpet, Other
- Exterior
- One Story
- Garage
- Carport
- Parking
- Carport
- Elementary School
- Jefferson County K-12 Schools
- Middle School
- Jefferson County K-12 School
- High School
- Jefferson County K-12 School
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Listing courtesy of Keller Williams Town & Country.