Multi-unit Res Compound Inverness, FL

Multi-unit Res Compound, Inverness, FL

• Income-producing property
• 4 residential units, 2 leased
• .69± AC
• County: Citrus, Altkey: 3520204

This is a unique, sweat equity opportunity for a family compound or rental income investment. The property consists of:

Unit 1
3BR/2BA Renovated Mobile Home
• 849± sf ur, 782± sf la
• Built 1983±
• Tenant occupied
• Individually metered and separate septic

Unit 2
Studio Apartment above Garage
• 367± sf
• Open area, small kitchen and corner bathroom
• Cedar shake walls and ceilings
• Currently vacant
• Shared well and septic with unit 1
• Garage is used for compound storage

Unit 3
3BR/2BA Mobile Home
• 1,268± sf ur, 1,209± sf la
• Built 1995±
• Tenant occupied
• Recently renovated
• Well is shared with unit 1
• Individually metered and separate septic

Unit 4
3BR/2BA Mobile Home
• 715± sf la
• Built 1985±
• Separate well and septic and individually metered
• Needs repair work
• Currently vacant

Other Building
• 537± sf ur
• Built 1976±
• Was once a pool house; pool has been filled in
• Fireplace
• Washer & dryer hook up inside
• Well is shared with unit 1
• Has deferred maintenance and needs work

The property also features a fire pit and plenty of shade from mature trees. A boat ramp and park on the Withlacoochee River is 2± miles from the property. Downtown Inverness is only 8 miles away. DO NOT DISTURB TENANTS.

Click the Access Property Documents button above to download the Property Information Package and other pertinent documents.

Tranzon Driggers, Lic. Real Estate Broker. Jon K. Barber, FL Auction Lic# AU4586 & AB3145 | 10% Buyer's Premium  

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Christine Dudley, CAI, AARE, GPPA

Christine Dudley, CAI, AARE, GPPA: Tranzon Driggers

352-400-0053 cdudley@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

• Buyer's Premium: 10% Buyers Premium based on the high bid.
• Closing: On or before Oct. 20, 2023, sold in As-Is condition, no contingencies.
• Deposit Amount: 10% deposit due via wire transfer to closing agent within 24 hrs. of being notified as the successful bidder.
• Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
• Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
• Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.