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!
Listed By
Agency Name: Southern Land & Homes
Shown By
Agent Name: Coach Mike Reed
Agent Phone: (386) 212-3897
Agency Title: Adams Cameron & Co. REALTORS
Estimated Payment
$ 1,010.24 per month $878.20 Principal & Interest $83.92 Property Tax $48.13 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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589 S Duval Avenue , Unit 1 | MLS# 401090
This multi-family property located at 589 S Duval Avenue , Unit 1, Madison, FL 32340 is currently listed for sale with an asking price of $165,000. Search Madison real estate on mikereed.adamscameron.com today.