7860 Penny Ln Milton, FL 32583

Live in one side and rent out the other side: 7860 & 7862. Mirrored floorplans *Includes .93 acre vacant parcel next door for potential investment property. Excellent opportunity to live in a quiet country setting, while earning rental income with this wonderful all brick duplex in an established Milton neighborhood. The property sits off the main road and is actually two parcels totaling approximately 1.34 acres including the private road and is flanked by beautiful mature trees. The property is fully fenced in, with large separate backyards, and currently rented at $695 per side. Each unit is 899 square feet with 2 bedrooms and 1 bath, large eat-in kitchen and a cozy, bright living room with a full exposed brick wall for character. Both sides have new HVAC systems (2013 & 2019) and additional insulation blown in for energy efficiency. 7862 Penny Lane had all new windows installed in approx 2013 and appliances include fridge, stove, washer and dryer. 7860 Penny Lane includes fridge and stove. Both sides have a concrete patio and storm doors. This property has a solid rental history and both sides are currently rented out and managed by a professional property manager. The location is very convenient, just south of highway 90, near downtown Milton and minutes to the interstate, close to fishing and local boat ramps. Property is practically across the street from Peter Prince Field, a short drive to Whiting Field, and approximately 20 minutes to Navarre Beach. You can build your dream home on the large vacant lot and keep the duplex as a rental. The wooded vacant lot has been semi-cleared to showcase the tranquility and possibilities. This is a very unique property, and it would be a perfect location for a large extended family looking for a good space for all to live comfortably with room to grow. There's so much potential here. Owner is selling both lots as a package but would consider splitting them for the right offer. Please do not approach tenants. appt only