649 W Base Street, Madison, FL 32340

$2,500,000
12,204
SqFt

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List Price
$2,500,000
Status
Active
Days on Market
290
MLS#
C7516446
Property Style
Multi-Family 5+
Year Built
1969
Living Area
12,204
Lot Size
58,719
Acres
1.35
Total Acreage
1 to less than 2
MLS Area Major
Madison

Property Description

A rare opportunity to own three income-producing properties in the charming heart of Madison, Florida — a peaceful, historic town known for its southern hospitality and small-town growth. This portfolio includes 649 W Base St, 643 W Base St, and 912 SW Pinckney St, offering a total of three individual properties, each with its own character and potential. All units are conveniently located within minutes of downtown Madison, schools, shops, and dining — yet set on spacious lots that offer privacy, mature landscaping, and room to expand. Together, the properties total over an acre of land, providing investors or multi-family owners the ideal blend of comfort and long-term appreciation. Each unit features independent entrances, separate utilities, and functional layouts, giving you the freedom to rent for maximum cash flow, transform them into a charming short-term rental portfolio or Build a new Construction. Whether you’re a first-time investor, Builder, experienced landlord, or visionary seeking passive income in a quiet North Florida community, this trio offers an exceptional cap rate opportunity in a market with steady rental demand and limited multi-unit inventory. Nestled near major routes like Base Street (US-90) and just a short drive from I-10, these properties combine convenience, flexibility, and growth potential. With their solid structures, walkable location, and multiple income streams, this is the kind of deal that rarely comes around in Madison County- Three Properties, One opportunity, Endless potential.

Additional Information

Community Features
No Deed Restriction
Air Conditioning
Central Air
Exterior Construction
Concrete
Roof
Shingle
Foundation
Slab
Pool
No Pool

Listing courtesy of DELPHI INVESTMENT REALTY. 877-353-3574

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