If you’re in the market for a unique property that combines historical charm with income potential, look no further than this authentic 2-story log cabin built in 1921, located in Florida. This property offers not only a charming cabin but also four 1-bedroom, 1-bathroom block apartments, a log garage apartment with storage underneath, and several trailers on the premises.
The log cabin itself is a true gem, boasting the craftsmanship of a bygone era. With its original features and rustic appeal, it offers a glimpse into the past while providing a cozy and comfortable living space. Imagine waking up to the scent of old ancient oak trees that adorn the property and enjoying the serene beauty of the surroundings.
In addition to the log cabin, the property includes four 1-bedroom, 1-bathroom block apartments. These income-producing units are perfect for renting out to tenants, providing a steady stream of revenue. The log garage apartment with storage underneath adds even more potential for rental income or can be utilized as a personal space.
The property also features several trailers, each with its own unique layout. Trailer #4 is a spacious 2-bedroom, 2-bathroom unit, offering ample living space and a fenced-in yard for privacy. Trailers #6, #7, #12, and #13 are all cozy 2-bedroom, 1-bathroom units, perfect for small families or individuals looking for affordable housing options.
One of the standout features of this property is its zoning for 18 mobile homes. This presents a fantastic opportunity for expansion and further income potential. Additionally, a large septic system is already in place, ready to accommodate the additional mobile homes. It’s worth noting that the septic system has never been used, offering a clean slate for the new owner.
Location-wise, this property couldn’t be more ideal. Nestled along Hwy 19/27, it is conveniently situated between the Dixie County High School and Dixie County EMT. Across Hwy 19, you’ll find the Dixie County Health Department, ensuring easy access to essential services.
The current owner has cared for this property for an impressive 41 years, and the long-term tenants speak to its desirability. Despite the changing times, the owner has not increased the rent, offering an opportunity for the new owner to make adjustments and potentially increase their return on investment.
To ensure serious inquiries only, the seller requires interested buyers to provide proof of funds prior to scheduling a showing. Showings may need to be done in increments to obtain access to the interior of the rental units, considering the presence of tenants.
If you’re looking for a unique investment opportunity that combines historical charm, income potential, and an ideal location, this Florida cabin is a must-see. Don’t miss out on the chance to own a piece of history while enjoying the benefits of a profitable investment.