Active

$995,405

Features:
  • 2 Bedrooms
  • 1 Bathrooms
  • 912 sq ft
Overview
  • ID: MFRW7879086
  • Bedrooms: 2
  • Bathrooms: 1
  • Size: 912 sq ft
Property Details
Remarks
Rare multifamily investment on Moss Lake totaling approximately 4.23+ acres across four contiguous parcels within Lake Como Homesites (PB 3, PG 130). All parcels are zoned R-1, and include deeded access to Moss Lake with a boathouse, dock, and fishing pier. Two parcels are vacant and buildable. One parcel includes a single family home with a long term tenant currently paying below market rent. The lakefront parcel of approximately 2.52 acres is improved with a duplex consisting of an upstairs two bedroom one bath unit and a downstairs one bedroom one bath unit. Both units are occupied by long term tenants on month to month leases, also paying below market rents, creating immediate upside potential for a new owner. Survey highlights confirm a total of 4.23+ acres across all parcels with ingress and egress easement access recorded at 44.3 feet across parcel 0020. FEMA mapping places the property in Flood Zone X, minimizing flood risk and removing mandatory flood insurance requirements. Property addresses include 20105, 20125, and 20135 Green Grass Lane, Lutz, Florida 33558. This property offers immediate cash flow from existing tenants along with the ability to expand with additional buildable lots making it one of Pasco County’s most versatile investment opportunities. Financing options: Investor financing may be available through conventional investment property loans, DSCR products, or portfolio lending. All financing is subject to buyer qualification and lender approval.
Financial Considerations
Price:
$995,405
HOA Fee:
N/A
Tax Amount:
$1946.07
Price per SqFt:
$1091.45
Tax Legal Description:
LAKE COMO HOMESITES PB 3 PG 130 TRACT 5A DESC AS: EAST 160 FT OF WEST 640 FT OF NORTH 120 FT OF TRACT 5; TOGETHER WITH EASEMENT FOR INGRESS & EGRESS EASEMENT OVER & ACROSS SOUTH 44.30 FT OF EAST 160 FT OF WEST 640 FT
Exterior Features
Lot Size:
19200
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Covered
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
1
Heating:
Heat Pump
Cooling:
Central Air
Appliances:
Range, Range Hood, Refrigerator
Furnished:
No
Floor:
Laminate, Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1960
Construction Type:
Vinyl Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Other
Additional Features 2:
N/A
Map
  • Address
    20105 GREEN GRASS LN
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