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15503 NW Chipola Street, Unit 15953
Altha, FL 32421

$240,000 - Status: Active

Beds: 5

Baths: 3 full

SQFT (H&C): 2,231

MLS# 793072

Excellent Investment Opportunity with Two Income-Producing Properties! 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.

Property Features

MLS#: 793072

Zip: 32421

Subdivision:

Development: 0601 - Calhoun Ne

Property Type: Residential - Single Family

Cooling: Central Air

Days on Site: 7

Heating: Central, Electric

Home Style: Country

Lot Size: 0.34 acres

Roof Type: Metal

Taxes: $1,074

Year Built: 1954

SQFT (H&C): 2,231

Feature Descriptions

Accessibility: Accessible Approach with Ramp

Appliances: Electric Range

Community Features: Short Term Rental Allowed

Exterior: Wood Siding, Wood Frame

Fencing: Partial

Lot Description: Paved

Lot Dimensions: 100 x 150 and 100 x144

Parcel#: 15-2N-09-0800-000G-0300

Patio/Porch: Covered, Porch

Utilities: Electricity Available

Room Sizes

Bedroom: 12.5 X 9.8

Bedroom: 9.1 X 8.1

Primary Bedroom: 12 X 12

Bedroom: 11 X 10

Local Schools

High School: Altha Public

Middle School: Altha Public

Elementary School: Altha Public

15503 NW Chipola Street, Unit 15953 | MLS# 793072

This single family home located at 15503 NW Chipola Street, Unit 15953, Altha, FL 32421 is currently listed for sale with an asking price of $240,000. This property was built in 1954 and has 5 bedrooms and 3 full baths with 2231 sq. ft. Search Altha real estate on cshelton.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: American Gold Realty

Shown By

Agent Name: Chris Shelton
Agent Phone: (850) 896-2000
Agency Title: Beachy Beach Real Estate

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15503 NW Chipola Street, Unit 15953Altha, FL 32421