# 16025 Wallace Street, Umatilla, FL

> This Residential Income listing has 7 Beds, 3 Full Baths. Schedule a showing for 16025 Wallace Street in Umatilla, FL.

- Price: $475,000
- Status: Active
- Property Type: Residential Income
- MLS ID: V4951056
- Features: 7 Beds, 3 Full Baths
- Photo: https://prd-pbgo-mls-photos.s3.amazonaws.com/mfr/properties/photos/V4951056_eb74ad4f0ca5d67fc16676c5d8948ebe.jpg

## 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.**

## Attribution

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  Information last updated on November 03, 2026 03:23 AM - ET

Property last updated: November 03, 2026 03:23 AM - ET.