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Asking Price

$ 219,800

Status

Active

210 S 15TH STREET

PALATKA, FL,32177, PALATKA HILLCREST

Overview

4 Bedrooms

2 Bathrooms

Garage

1,409 sqft

Year Built: 1952


School Nearby

Description

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!


Features

Status:   Active

Beds:    4

Baths:   2

Square Footage:   1,409 Sq. Ft

HOA Fee:   -

Property Type:   Single Family Residence

MLS Number:   O6347110

Days on Market:   26

Year Built:   1952

Lot Size:  

County:   Putnam

Taxes:   $821.00


Address

210 S 15TH STREET , PALATKA ,FL

Listing provided by: AGENT TRUST REALTY CORPORATION, 407-251-0669

Asking Price

$219,800

Status

Active

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Based on information submitted to the MLS GRID as of 10/30/2025 16:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information.