5378 Alabama St 5 Unité Immeuble d’habitation offert à 453 671 $ CAD Milton, FL 32570

This is a rare opportunity to own a 1.13-acre parcel featuring five separate income-producing homes in Milton, Florida. The portfolio comprises 5378 Alabama St, 5374 Alabama St, 6794 Hunt St, 5374 Hunt Ct, and 5380 Hunt Ct, offering diverse rental income streams. All residences are 2-bedroom, 1-bath layouts, except for 5374 Hunt Ct, which is a 1-bedroom, 1-bath home. The property has been surveyed for subdivision with a new parcel number and legal description to be recorded at closing, creating potential flexibility for future development or resale options. One of the prospective build sites occupies a prominent corner of Alabama St and Hunt St, adding further value to this investment.
Rent history can be provided to support the income potential. Due to the composition of multiple homes on a single parcel, financing will most likely require a commercial loan. Utilities include public water and sewer, and all homes are currently on-site. This is a compelling acquisition for investors seeking immediate cash flow from an established rental base and the opportunity to reposition for greater long-term returns.