15503 NW Chipola ST #15953 Altha, FL 32421
5 Beds
3 Baths
2,231 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,231 sqft
Price per Sqft $107
Subdivision No Named Subdivision
MLS Listing ID 793072
Style Country
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1954
Annual Tax Amount $1,074
Tax Year 2025
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Single Family Residence
Property Description
Expand your real estate portfolio with this versatile property featuring two rental homes, or live in one and rent the other for additional income. Located in a quiet small-town setting, these easy-to-manage rentals currently generate a combined monthly rental income of $1,725, with the 2-bedroom, 1-bath home renting for $800 per month and the 2019 3-bedroom, 2-bath single-wide mobile home renting for $925 per month. Current gross annual rental income: $20,700. The 1,055± SF house is situated on a desirable corner lot, while the 1,176± SF 2019 single-wide mobile home is tucked behind a natural tree line for added privacy and features a covered back deck--perfect for relaxing and enjoying the peaceful surroundings. Conveniently located approximately one hour from Panama City, the Gulf Coast beaches, Pier Park, and Northwest Florida Beaches International Airport. The property also offers easy access to Calhoun Liberty Hospital in Blountstown, shopping at Walmart and Lowe's in Marianna, and the Chipola River boat ramp for boating, fishing, and other outdoor recreation. Whether you're looking to grow your investment portfolio or enjoy the flexibility of living in one home while generating rental income from the other, this property offers outstanding value and potential.
Location
State FL
County Calhoun
Community Short Term Rental Allowed
Area 06 - Calhoun County
Interior
Heating Central, Electric
Cooling Central Air
Fireplace No
Appliance Electric Range
Exterior
Fence Partial
Community Features Short Term Rental Allowed
Utilities Available Electricity Available
Roof Type Metal
Accessibility Accessible Approach with Ramp
Porch Covered, Porch
Private Pool No
Building
Lot Description Paved
Architectural Style Country
New Construction No
Schools
Elementary Schools Altha Public
Middle Schools Altha Public
High Schools Altha Public
Others
Restrictions Short Term Rentals Allowed
Tax ID 15-2N-09-0800-000G-0300
Special Listing Condition Listed As-Is