16025 WALLACE STREET, Umatilla, Florida, 32784
$475,000
3,512 Sqft
0.37 Acres
7 bd
3 ba
#V4951056
**TRIPLEX | $60,000+ POTENTIAL ANNUAL INCOME | HOUSE-HACKING OPPORTUNITY**
Great investment opportunity in Umatilla! This versatile **triplex** offers the potential for **over $60,000 in annual gross rental income**, while also providing an excellent opportunity for an owner-occupant to house hack.
The property features **three separate units**, creating multiple income streams under one roof. The **1-bedroom unit can be delivered vacant**, allowing the new owner to move in and live on-site while renting the other two units to help offset their mortgage and expenses.
For investors, the property offers the potential to generate **$60,000+ in gross annual rental income**. For owner-occupants, the ability to occupy the 1-bedroom unit while collecting rent from the other units creates an attractive path toward significantly reducing the cost of homeownership.
Located in Umatilla, this property offers a convenient residential setting with easy access to local shopping, dining, schools, parks, and surrounding Lake County communities.
**Three units. Multiple income streams. $60,000+ potential gross income. And the flexibility to house hack.**
Whether you're looking to expand your rental portfolio or live in one unit while the property helps pay for itself, **16025 Wallace St is an opportunity you won't want to miss.**
PROPERTY FEATURES
- Water Access : 0
- Road Surface Type : Dirt
- Roof : Membrane, Shingle
- Zoning : R-6
- Cooling : Central Air, Wall/Window Unit(s)
- Construction Materials : Block
PROPERTY DETAILS
ID: V4951056
Status: Active
Price: $475,000
Acres: 0.37 Acres
Price Per Acre: $1,283,784
Type: Other
Address: 16025 WALLACE STREET
City, State: Umatilla, Florida
County: Lake
Zip Code: 32784
Lat/Long: 28.893931, -81.690227
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