412 E Main Street | Yorktown Yorktown

$1,650,000

This exceptional investment opportunity features a mix of residential and commercial properties, ideal for income generation and future development. The portfolio includes a five-bedroom main house with a renovated kitchen and living areas, a duplex with a one-bedroom unit and a two-bedroom unit, and a separate cottage with its own amenities. Additionally, a bar/restaurant, currently non-operational and in need of renovations, presents a chance for significant value enhancement. Above the bar, there are two residential units. The property offers ample land with parking for 10-15 cars near the bar/restaurant and additional spaces for the duplex, enhancing accessibility for customers. Located near Osceola Lake, this portfolio benefits from recreational appeal, making it attractive. With existing leases in place, the investment boasts strong income potential and a cap rate of 6.4%. Also includes adjacent property at 3764 Wood St Tax ID 55540000601700010710000000 OneKeyMLS H6334911

Directions to property: Take Route 6 to Route 6 North. Continue on 6 North to East Main Street. The property will be on your left; look for house #412, across from Osceola Lake.

MLS Listing ID: 
OneKeyMLS H6334911
Community Information
School District: 
Lakeland Central
Building Details
Details about the building on a property.
Year Built: 
1973
Construction
Construction Materials: 
Frame
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Oil,Propane,Hot Water
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Septic Tank
Lot/Land Details
Details about the lots and land features included on the property.
Waterfront: 
0
Public Record
Property Zoning: 
Mixed use /Residential
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
11/2/2024
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Drita V. Shala
Listing Office Name: 
Howard Hanna Rand Realty