16025 Wallace Street, Umatilla, FL 32784
Local realty services provided by:Tomlin St Cyr Real Estate Services ERA Powered
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, 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.**...
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Home facts
- Year built:1966
- Subdivision & Development:LYNWOOD
- Listing ID #:V4951056
- Added:53 day(s) ago
- Updated:October 27, 2026 at 06:04 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
- 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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