589 S Duval Avenue Unit 1, Madison, FL 32340

$165,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$165,000
Status
ACTIVE
Days on Market
58
MLS#
401090
Subtype
Residential
Subdivision
Na
MLS Area Major
Madison

Property Description

Excellent investment opportunity in the heart of Madison, Florida! This well-maintained two-story multifamily property offers approximately 2,302 square feet and features two separate rental units, each containing approximately 1,150 square feet of living space. Both units include 2 bedrooms and 1 bathroom and are currently occupied by tenants, providing immediate rental income for the new owner. Situated along Highway 53 within the city limits of Madison, the property offers excellent accessibility and convenience to local shopping, dining, schools, and everyday amenities. Zoned Multifamily (<10 Units), this income-producing property presents a great opportunity for investors looking to expand their portfolio or acquire a turnkey rental property with established tenants already in place. Whether you're a seasoned investor or looking to purchase your first rental property, this duplex offers steady income potential and long-term value in a desirable North Florida location. Don't miss your opportunity to own a piece of Madison's rental market!

Additional Information

Exterior Features
Storage
Taxes
$1,007
Heating
Space Heater
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Other
Exterior Features
Two Story
Parking
Unassigned
Elementary School
Other
Middle School
Madison County
High School
Madison County High School

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Southern Land & Homes.