Grab this amazing opportunity to expand your investment portfolio!
Be the proud owner of this multi-family home for sale in Saint Augustine that sits on the highly trafficked corner of State Road 16 near St. Augustine downtown.
This multifamily property consists of a former dairy store, a 4 plex, and a 3 plex sitting on ⅔ of an acre (152'x135'). It features 7 bedrooms and 7 full baths.
State Road 16 (SR 16) runs from northwest to southeast between Raiford and St. Augustine.
The mix-used property is located near downtown Saint Augustine and gives you easy access to this charming historic area.
You can enjoy the beautiful waterfront town and experience all that it has to offer- shopping, creative dining, and adventures such as water activities, tours, museums, and festivals.
Live in the oldest continuously settled city full of wonderful people and blessed with a fabulous climate!
The main road is busy with lots of cars driving past and friendly people on the sidewalk who will likely wave and say hello.
Dreaming of starting your own business?
This former dairy store can be transformed into a drive-in coffee shop. If you enjoy making and serving espresso drinks, then starting a drive-thru coffee stand and espresso shop is an excellent business idea.
You can also add a variety of baked goods, either made by yourself or from another local business to increase your sales.
You can also turn it into a convenience store, or anything that would require easy access and a high traffic count.
The possibilities are endless!
With its highly visible business location, you have the opportunity to create astounding and consistent cash flow month after month.
Today, owning a multi-family home is one of the most strategic investment decisions you can make.
One of the advantages of owning a multi-family housing is that you can live in one part of the home, while covering the mortgage expenses with rental income from the other part.
The triplex and fourplex of this Saint Augustine multi-family home gives you the unique ability to combine a roof over your head with your goal of wealth building.
In addition, the highest demand for rental units is for those located in busy areas and within walking distance of shops, restaurants, and large employers.
Renters will love this place because they usually prefer to live closer to where they work and shop. They also prefer having easy access to public transportation.
This Saint Augustine multi-family home can be a huge and quick jump start into the world of real estate investing.
Priced to sell quickly at only $499,000.
Call me, Janie Coffey, at 904-525-1008 to schedule your private showing today.
In case you can not view this video here, please click the link below to view 216 State Road 16 A-C Saint Augustine, FL 32084 on my YouTube channel: https://youtu.be/POkIUnkSdD8.