15503 NW Chipola Street 15953
Altha, FL 32421
MLS# 793072
2 beds | 1 baths | 1055 sqft
Property DescriptionAttention Investors. Two Ideal rental investment properties or perfect for those looking to downsize. Easy to manage, you can Rent one and Live in One. These rentals are located in a quiet small-town setting, approximately one hour from Panama City, the beaches, Pier Park, and Northwest Florida Beaches International Airport. Centrally located with convenient access to the new Calhoun Liberty Hospital in Blountstown, Walmart and Lowe's in Marianna, and just a short drive to the Chipola River boat ramp for boating and fishing. The 2/1 1055 sf house is at Corner lot location, and the 2019 3/2 1176 SF Single Wide Mobile home is surrounded by a thick tree line for added privacy, featuring a cozy covered deck at the back--perfect for relaxing in the outdoors. Total monthly rental income from both homes is $1,725. The house rents for $800 and the SW MH rents for $925
Acreage: 0.34
Design: Country
Lot Size (SqFt): 14810
Apx SqFt(Htd/Cooled): 1055
Construction Status: Construction Complete
SqFt Source: Prop App Site
Accessory Dwelling Unit: No
Lot Dimensions: 100 x 150 and 100 x144
New Construction: No
Garage Y/N: No
Pool: No
Sub-Type: Detached Single Family
Total Baths: 1
Year Built: 1954
List Price/SqFt: 227.49
Status: Active
List Date: 2026-07-24
List Price: $240,000
Unit #: 15953
Sub Area: 0601 - Calhoun NE
Community/Resort: None
Waterfront: No
Elementary School: Altha Public
Middle School: Altha Public
High School: Altha Public
Directions: In Altha to 15503 on Main St (Hwy 71), Turn West on Chipola St. The property is located on the corner of Chipola St & 5th. and to 15953 - Hwy 71 into Altha. Turn EAST on Chipola St (Altha Diner on the corner). Property will be on the RIGHT just past Evans St.
Area: 06 - Calhoun County
Street #: 15503
Street Direction: NW
Street Name: Chipola
Street Suffix: Street
State: FL
Zip Code: 32421
County: Calhoun
Subdivision: No Named Subdivision
Parcel ID: 15-2N-09-0800-000G-0300
Legal Description: Legal Descriptions for both homes. Legal for 15503 - Parcel 15-2N-09-0800-000G-0300 LOTS 3-4 BLK G RICHARDS SUBD OR 97-245,103-686,(UR WILL) OR 270-125, 431-376, 438-406,460 -652,493-710 and Legal for 15953 Parcel 15-2N-09-0800-0011-0200 64FT ON E END OF LOTS 1 & 2, ALSO 36FT ON W END OF LOTS 7 & 8 ALL IN BLK 11 TOWN OF ALTHA (RICHARDS) OR 77-192, 46 8-593
Is Subject Leased: Yes
Rent/Mo: 1725
New Buyer Fee: No
Last Taxes: 1074
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks: Attention Investors. Two Ideal rental investment properties or perfect for those looking to downsize. Easy to manage, you can Rent one and Live in One. These rentals are located in a quiet small-town setting, approximately one hour from Panama City, the beaches, Pier Park, and Northwest Florida Beaches International Airport. Centrally located with convenient access to the new Calhoun Liberty Hospital in Blountstown, Walmart and Lowe's in Marianna, and just a short drive to the Chipola River boat ramp for boating and fishing. The 2/1 1055 sf house is at Corner lot location, and the 2019 3/2 1176 SF Single Wide Mobile home is surrounded by a thick tree line for added privacy, featuring a cozy covered deck at the back--perfect for relaxing in the outdoors. Total monthly rental income from both homes is $1,725. The house rents for $800 and the SW MH rents for $925
Dishwasher: 1
Microwave: 1
Range - Electric: 1
Refrigerator: 1
Wood/Frame: 1
Roof - Metal: 1
7 - 12 Months: 1
Month To Month: 1
Fenced Lot-Part: 1
Porch Covered: 1
City Street: 1
Paved Road: 1
Bedroom: 1
Primary Bedroom: 1
Public Water - Connected: 1
Septic Tank: 1
Accessible Approach with Ramp: 1
Central Air: 1
Electric: 1
Accessibility Features: Accessible Approach with Ramp
Appliances: Dishwasher; Microwave; Range - Electric; Refrigerator
Cooling: Central Air; Electric
Heating: Central; Electric
Existing Leases: 7 - 12 Months; Month To Month
Exterior: Fenced Lot-Part; Porch Covered
Financing: Cash; Conventional; FHA; VA
Lot Access: City Street; Paved Road
Parking Features: Driveway
Rooms: Bedroom; Primary Bedroom
Utilities: Public Water - Connected; Septic Tank
| Room Name | Dimensions | Length | Width | Remarks |
| Bedroom | 11 x 10 | 11.00 | 10.00 | 15503 - House |
| Bedroom | 11 x 10 | 11.00 | 10.00 | 15503 - House |
| Primary Bedroom | 12 x 12 | 12.00 | 12.00 | 15953 - SW MH |
| Bedroom | 9.1 x 8.1 | 9.10 | 8.10 | 15953 - SW MH |
| Bedroom | 12.5 x 9.8 | 12.50 | 9.80 | 15953 - SW MH |
Listing Office: American Gold Realty
Last Updated: July - 24 - 2026
Information deemed reliable but not guaranteed.