16025 Wallace Street, Umatilla, FL 32784

Local realty services provided by:Tomlin St Cyr Real Estate Services ERA Powered
16025 Wallace Street,Umatilla, FL 32784
$499,000
  • - Beds
  • - Baths
  • 3,512 sq. ft.
  • Multi-family
  • Active
Listed by: ricardo adames
Office: la rosa realty cw properties l
MLS#:V4951056
Source:MFRMLS

Price summary

  • Price:$499,000
  • Price per sq. ft.:$142.08

About this home

**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,...

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Home facts

  • Year built:1966
  • Subdivision & Development:LYNWOOD
  • Listing ID #:V4951056
  • Added:2 day(s) ago
  • Updated:September 06, 2026 at 03:53 PM

Rooms and interior

  • Kitchen Description:Solid Surface Counters
  • Bedroom Description:Primary Bedroom Main Floor
  • Living area:3,512 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall/Window Unit(s)
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Membrane, Shingle
  • Year built:1966
  • Building area:3,512 sq. ft.
  • Lot area:0.37 Acres
  • Construction Materials:Block
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$142.08
  • Tax amount:$5,584 (2025)

Features and amenities

  • Laundry features:Inside
  • Amenities:Primary Bedroom Main Floor, Solid Surface Counters
  • Pool features:Public Pool
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