Great investment opportunity. inside has been completely upgraded, the plumbing and electric has been brought up-to code. The exterior looks a little worn but keeps the taxes low. New lifetime rubber roof, fire alarm, four separate water and electric meters. Older but serviced and working Central heat & AC except for small upstairs apartment. Four rentable units: A: 2 BR 1 bath current rent is $950. B: 4BR 3 bath. current rent is $1400. C: 3 BR 2 bath, current rent is $1050 D: 4 BR 2 bath. current rent is $1400 3 laundry units, The property is under contract with Hawks pest control. Some covered parking. Fully occupied with performing tenants'. Good ROI with room for increase.
Financial Considerations
Price:
$499,000
HOA Fee:
N/A
Tax Amount:
$1996.81
Price per SqFt:
$248.63
Tax Legal Description:
ZEPHYRHILLS COLONY COMPANY LANDS PB 2 PG 6 PCL 2 DESC AS THE NORTH 82.00 FT OF LOT 2 BLOCK 5 LESS EAST 100.00 FT THEREOF & LESS R/W FOR 12TH STREET OR 8846 PG 623 OR 8902 PG 2044