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16025 Wallace St, Umatilla, Florida 32784

  • $475,000
  • $499,000
16025 WALLACE STREET, Umatilla, FL 32784
Active For Sale
16025 Wallace St, Umatilla, Florida 32784
16025 WALLACE STREET, Umatilla, FL 32784
  • $475,000
  • $499,000

Overview

Property ID: HZV4951056
  • Triplex, Residential Income
  • Property Type
  • 7
  • Bedrooms
  • 3
  • Bathrooms
  • 1966
  • Year Built

Description

**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.**

  • Address 16025 WALLACE STREET
  • City Umatilla
  • State/county FL
  • Zip/Postal Code 32784
  • Country US

Details

Updated on November 2, 2026 at 10:40 pm
  • Property ID: HZV4951056
  • Price: $475,000
  • Land Area: 0.37 Acres
  • Bedrooms: 7
  • Bathrooms: 3
  • Year Built: 1966
  • Property Type: Triplex, Residential Income
  • Property Status: Active, For Sale

Additional details

  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Roof: Membrane, Shingle
  • Utilities: Electricity Connected
  • Sewer: Septic Tank
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Other
  • County: Lake
  • Property Type: Residential Income

Features

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