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$230,000

For Sale

3 months ago

15953 - 15503 Nw Chipola St, Altha, FL

House

MLS® 793072

5 Bed

3 Bath

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage 
Taxes $1,074
Days Active 79
Lot Size 0.34 Acres
Approx. Age 1954
MLS® Number 793072

Property Address: 15953-15503 Nw Chipola St, Altha, FL, 32421-3231

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number793072
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1954
Basement
Driveway
Garage Spaces
HeatCentral, Electric
A/CCentral Air

Extras

Rooms

Bedroom 1:9.8 × 12.5 ft
Bedroom 1:12 × 12 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 24, 2026List Date
$230,000List Price
  • Commute

Commute

Starting Address
Destination Address
15503 Nw Chipola St, Altha, FL

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