$1,340,000
$1,200,000
11.7%For more information regarding the value of a property, please contact us for a free consultation.
37618 8TH AVE Zephyrhills, FL 33542
10,650 SqFt
Key Details
Sold Price $1,340,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,650 sqft
Price per Sqft $125
Subdivision Zephyrhills Colony Co
MLS Listing ID T3349674
Sold Date 05/19/22
Construction Status No Contingency
HOA Y/N No
Year Built 1915
Annual Tax Amount $10,276
Lot Size 2.890 Acres
Acres 2.89
Property Description
Great income producing property with huge upside potential. This property has a total of 18 Units!! 2 Single Family Homes (Both have 2 units; one has a basement, and the other is an attached unit with separate entrance.) a 5-Plex building, 4 Duplexes and a single cottage style unit for a total of 18 rentals. 12 Units are separately metered for electricity and the other 6 units are included in the rent and paid by landlord. Well and septic on site for added value to tenants. Trash is currently provided by the owner, one 8 yard dumpster for the property. Buildings range in age from 1915 to 1981. With the potential of increasing rents to current market and the tax savings of this property being located in the county, this property will be generating great cash flow for years to come! Please call or text with any questions.
Location
State FL
County Pasco
Community Zephyrhills Colony Co
Zoning R2
Interior
Interior Features Other
Heating Central, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Other
Utilities Available Cable Available, Electricity Connected, Fire Hydrant, Water Connected
Waterfront false
Roof Type Metal, Shingle
Garage false
Private Pool No
Building
Lot Description In County
Foundation Basement, Slab
Lot Size Range 2 to less than 5
Sewer Septic Tank
Water Well
Structure Type Block, Vinyl Siding, Wood Frame
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with NIZZ REALTY INC.
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