Built in 1891 as the "Colored All Fellows Hall", this property was converted to a boarding house in 1925 and is currently listed on the Historic Downtown Milton Walking Tour. Many years later, this historic building still stands and currently serves as a 5-unit apartment building. For the right investor, it is a wonderful money maker, with almost $24,000 net income.
Rent all the units, or live in one and manage the property yourself for a higher investment return. With Downtown Milton and the Blackwater River just a short stroll around the corner, these units stay rented.
Blackwater River, Downtown Milton, FL
Call Trish Sarfert at 850-449-0908 for more information or to schedule an appointment to view this unique investment rental property.