589 S Duval Avenue Unit 1, Madison, FL 32340

$165,000

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List Price
$165,000
Status
ACTIVE
MLS#
401090
Construction
Other
County
Madison
Subdivision
Na

Property Description

Excellent investment opportunity in the heart of Madison, Florida! This well-maintained two-story multifamily property offers approximately 2,302 square feet and features two separate rental units, each containing approximately 1,150 square feet of living space. Both units include 2 bedrooms and 1 bathroom and are currently occupied by tenants, providing immediate rental income for the new owner. Situated along Highway 53 within the city limits of Madison, the property offers excellent accessibility and convenience to local shopping, dining, schools, and everyday amenities. Zoned Multifamily (<10 Units), this income-producing property presents a great opportunity for investors looking to expand their portfolio or acquire a turnkey rental property with established tenants already in place. Whether you're a seasoned investor or looking to purchase your first rental property, this duplex offers steady income potential and long-term value in a desirable North Florida location. Don't miss your opportunity to own a piece of Madison's rental market!

Additional Information

Taxes
$1,007
Heating
Space Heater
Cooling
Wall/Window Unit(s)
Floors
Vinyl
Exterior
Two Story
Garage
Unassigned
Parking
Unassigned
Elementary School
Other
Middle School
Madison County
High School
Madison County High School

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Calculator source: Real Geeks

Listing courtesy of Southern Land & Homes.