Alabama Avenue Apartments: An 8-Unit Investment Opportunity This 1981-built property features eight well-maintained units, each offering 750 square feet with 1-bedroom floorplans. Six of the units have undergone modern renovations, including stainless steel appliances, upgraded white cabinets, and vinyl flooring. The property benefits from its concrete block construction and pitched roofs, and central heat and air. Its strategic location provides easy access to essential retail, including Publix, Dollar General, and Walmart, as well as recreational areas like Homosassa Springs State Park. Major employers such as the College of Central Florida are also nearby, contributing to the area's rental demand.
Financial Considerations
Price:
$825,000
HOA Fee:
N/A
Tax Amount:
$8299.25
Price per SqFt:
$146.48
Tax Legal Description:
UNIT 3 OF HOMOSASSA PB 1 PG 45 PCL 2: LOTS 1 2 8 & 9 BLK 162 & VAC ALLEY BETW LOTS 1 2 8 & 9 & N1/2 OF VAC 4TH ST BETW BLKS 162 & 161 FURTHER DESC IN OR BK 868 PG 2050 OR BK 2356 PG 1724