61 N CENTRAL AVENUE, Umatilla, Florida, United States, 32784

464,000
for Sale
4,071

About the property:

Positioned in the heart of downtown Umatilla, this versatile mixed-use property presents a strong income-producing opportunity with both residential and commercial components. The second-floor features three well-maintained 1-bedroom, 1-bath apartments, all updated with interior paint and remodeling completed in 2015, offering comfortable living spaces ideal for steady rental income. The ground floor is currently configured as a salon/hair studio, with excellent visibility and storefront presence. The layout provides flexibility to accommodate a single user or be demised into two separate commercial units, each with its own entrance and display windows ideal for retail or service-oriented tenants. Additional value is found at the rear of the property, where a detached garage offers potential for supplemental rental income or on-site storage. Parking is conveniently available both curbside and behind the building. Capital improvements include a roof replacement in 2014, along with new gutters and downspouts, and exterior stucco and paint completed in 2015—reducing near-term maintenance concerns. With its central location, multiple income streams, and adaptable layout, this property represents an excellent opportunity for investors or owner-users seeking a foothold in a growing downtown market.
Property Type:
Multi-Family 5+
Status:
for Sale
House Style:
Other
Acres:
0.09
Square Feet:
3921
Area:
32784 - Umatilla / Dona Vista
Heating Type:
0
Directions:
North on CR19 to Umatilla, Building past City Hall on the opposite side of the street
Is Art:
Yes
Is Apartment:
Yes
Is Bed:
Yes
Is Building:
Yes
Is Hair:
Yes
Is Multiple:
Yes
Is Multi Family:
Yes
Is Market:
Yes
Is Mix:
Yes
Is Other:
Yes
Is Parking:
Yes
Is Retail:
Yes
Is Salon:
Yes
Is Service:
Yes
Is Storage:
Yes
Is Spa:
Yes
Is Unit:
Yes
Annual Property Taxes:
6,329
Listing ID:
G5111453

Rooms

Dimensions

Brokered by:
The Mount Dora Group
Presented By: