16025 Wallace St
Umatilla, FL 32784
Active
List price
$475,000Price cut
Listing courtesy of LA ROSA REALTY CW PROPERTIES L, 407-910-2168 (Ricardo Adames)
MLS# V4951056 Status Active
Listing updated November 2, 2026
- Bedrooms
- 7
- Bathrooms
- 3
- Sq ft
- 3,512
- Year built
- 1966
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.**
Facts
- Home type
- Triplex
- Year built
- 1966
- Lot
- 0.37 acres
- Annual taxes
- $5,584
- Subdivision
- Lynwood
- County
- Lake
Virtual tour
Location
Map: OpenFreeMap, © OpenMapTiles, © OpenStreetMap contributors
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