This exceptional investment opportunity features a mix of residential and commercial properties, ideal for income generation and future development. The is 3 properties on 1 lot .1) 3764 Wood Street, House was totally renovated 2022- 2023, portfolio includes a three-bedroom/ three-bath, laundry private parking and amazing scenery of the Oceola rent $3175 per month tenant pays all utilities. Lower level is 1-BD Apartment, rent $2000 per month, Tenant pays all Utilities with its own amenities 2) 412 E Main Street, Property 1-BD cottage house, $1600 per month, Tenant pays all utilities with its own amenities, has basement with utilities and washer/dryer for all 4 -tenants. 3) 406 E Main street, Additionally, a bar/restaurant, currently non-operational, Owner did clean up fix siding, put retaining wall on the side of the Bar/restaurant and fix the parking lot, presents a chance for significant value enhancement. Above the bar, there are two residential units, 2BD $2500 PER MONTH, 1BD $1800, Bar /Restaurant is vacant now, market value rent $6500, 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 a cap rate now of 5.9 %, this doesn’t include the Bar/Restaurant,$6500 Estimated income per month. Also includes adjacent property at 3764 Wood St Tax ID 55540000601700010710000000 Additional Information: Heating Fuel: Oil Above Ground,
Located on the Northside of Oceola Lake, Jefferson Valley. the property has 61 feet of road frontage and 205′ lot depth. The Zoning is in CC Country Commercial District. Permitted main uses shall be as follows, Stores or shops for the sale of crafts, such as jewelry, glass, or ceramics, or antiques with associated workshops, where workshops shall be limited to a maximum of 2,000 square feet and be accessory to the main retail use. Apartments above first-floor commercial uses. Stores or shops for the conduct of retail and service retail businesses, excluding dry cleaners, laundromats and automotive-related uses. Apartments above first-floor commercial uses. Banks, excluding drive-up windows. Restaurants and other places serving food and beverages, excluding drive-in or drive-through facilities. Offices, professional offices, medical offices and government offices. Permitted accessory uses: Off-street parking and loading areas. Garage and workshop buildings.
Welcome to Jefferson Village, a sought-after 55+ community! This beautifully maintained one-bedroom apartment offers comfortable, easy living with two convenient private entrances—one from the inviting front patio and another through the covered side entrance. Inside, you’ll find a bright, open-concept floor plan featuring a spacious living and dining area, a well-appointed kitchen, a generously sized bedroom, and a dual-entry bathroom for added convenience. Ample closet space and an in-unit full-size washer and dryer provide everyday comfort and functionality. Jefferson Village offers an exceptional lifestyle with access to a clubhouse, swimming pool, tennis courts, and beautifully maintained grounds. Conveniently located near shopping, dining, and major roadways, this desirable rental is one you won’t want to miss. Schedule your private showing today!
