5491 Brown ST Active Save Request In-Person Tour Request Virtual Tour
Graceville,FL 32440
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision No Named Subdivision
MLS Listing ID 778729
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
Area 09 - Jackson County
Interior
Fireplace No
Exterior
Utilities Available None
Building
Story 1
Entry Level One
Architectural Style Other
Level or Stories One
New Construction No
Others
Tax ID 35-7N-13-0067-0000-0040
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional,Seller Financing