$48,000
$50,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
5491 Brown ST Graceville, FL 32440
2 Beds
2 Baths
856 SqFt
Key Details
Sold Price $48,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 856 sqft
Price per Sqft $56
Subdivision No Named Subdivision
MLS Listing ID 778729
Sold Date 05/12/26
Style Other
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1954
Annual Tax Amount $835
Tax Year 2024
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Single Family Residence
Property Description
Opportunity knocks in the heart of Graceville! This property is primed for investors or savvy buyers looking to build income-producing rentals. The existing structure has a strong head start with new Hardie board siding and a new roof already completed--the big-ticket exterior work is done for you. With interior renovations, you can quickly transform it into a 2-bedroom, 2-bathroom rental unit as the anchor for your project.
But the real value lies in the expansion potential: this site is set up to add up to 6 additional units, with city water, sewer, and some power poles already in place. That's the infrastructure you need to scale and create an excellent multi-unit investment property, all within Graceville's convenient downtown setting.
Whether you finish the remodel for a single rental or develop the entire property for maximum returns, this is a rare chance to step into a project with both momentum and huge upside.
Location
State FL
County Jackson
Community Short Term Rental Allowed
Area 09 - Jackson County
Interior
Fireplace No
Exterior
Community Features Short Term Rental Allowed
Utilities Available None, Sewer Available
Private Pool No
Building
Story 1
Entry Level One
Architectural Style Other
Level or Stories One
New Construction No
Others
Restrictions Short Term Rentals Allowed
Tax ID 35-7N-13-0067-0000-0040
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Bought with NON-MEMBER OFFICE
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