About 15 Hargrove Lane 5l
An income-producing property with two units (5K and 5L) totaling 2,000 sq ft is available in Palm Coast, Florida, for $430,000. Located within the city's commercial and industrial corridor, this offers a versatile opportunity for small businesses, entrepreneurs, or investors.
Financial summary
Total purchase price: $430,000
Property size: 2,000 sq ft total (units 5K and 5L combined)
Rental income: $1,500 month for each unit, for a potential total of $3,000 month.
HOA fees: $315 unit, or $941 quarterly.
Property highlights
Low maintenance: The property is described as having low maintenance, which is an attractive feature for investors.
Income potential: With an average rental income of $1,500 unit, the property has excellent income potential.
Versatile use: The 2,000 sq ft space is suitable for a wide range of uses, including small businesses, consultants, and other entrepreneurial ventures.
Prime location: The property is located in the commercial and industrial corridor of Palm Coast, a thriving hub for businesses with access to major highways. Industrial corridor of Palm Coast.