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TRIPLE-THREAT INVESTMENT: A Renovated Cash Flow Machine with Unmatched Upside This isn't just a property; it's a strategic investment with multiple streams of proven and potential income. Located in a prime Palatka neighborhood, this meticulously renovated 4-bedroom, 2-bathroom home is a genuine cash flow powerhouse, currently generating a stable $1,950 in monthly rental income. It's a true turnkey asset, delivering immediate returns from day one. The appeal goes far beyond its current performance. This property offers two unique and valuable paths to increased revenue: Flexible Unit Conversion: The home's intelligent layout is designed for a seamless and cost-effective conversion into two separate 2-bedroom, 1-bathroom units, each with its own private kitchen. This transformation would unlock a significantly higher rental return, appealing to a wider tenant pool and maximizing your return on investment. Backyard DADU Potential: The expansive backyard presents a rare opportunity to build a Detached Accessory Dwelling Unit (DADU). This third income stream would provide a private, standalone rental unit, tapping into a growing market and dramatically increasing the property's overall value and passive income. A complete, high-impact renovation in 2025 ensures all major systems are new and worry-free. Updates include new plumbing, electrical, and HVAC, complemented by a modern kitchen, sleek bathrooms, and new flooring throughout. These high-end finishes not only support strong rental demand but also secure the asset's long-term appreciation. Recently appraised with excellent market value, this is a rare "triple-threat" opportunity for any investor seeking a high-performing, low-maintenance asset with built-in potential for exponential income growth. Secure your next high-value investment today!
| DAYS ON MARKET | 72 | LAST UPDATED | 10/9/2025 |
|---|---|---|---|
| TRACT | PALATKA HILLCREST | YEAR BUILT | 1952 |
| COMMUNITY | 32177 - Palatka | COUNTY | Putnam |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Cooktop, Refrigerator |
| AREA | 32177 - Palatka |
| CONSTRUCTION | Stucco |
| EXTERIOR | Other |
| HEAT | Central |
| INTERIOR | Eat-in Kitchen |
| LOT | 7405 sq ft |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | PALATKA HILLCREST |
| TAXES | 821 |
| UTILITIES | Electricity Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Jose Villafana, AGENT TRUST REALTY CORPORATION, 407-251-0669
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/5/25 1:25 PM PST.
This IDX solution is (c) Diverse Solutions 2025.