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Key Details
Sold Price $125,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,348 sqft
Price per Sqft $53
Subdivision City Zephyrhills
MLS Listing ID E2400551
Sold Date 02/24/20
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 1939
Annual Tax Amount $1,482
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 60X115
Property Description
New lower price!! Tired of low returns from your CD's, IRA's, or savings accounts? Check out this great opportunity to acquire 3 turn key rental properties for 1 low price! Located in the city limits of Zephyrhills only a few blocks from nearby school, this property offers convenience for the landlord and the tenants. Property consists of (1) 3bed/1bath and (2) 2bed/1bath rental units. Currently is generating gross revenue of $21,000 per year with a 10%+ capitalization rate. Very good potential to increase the revenues to $23,000-$24,000 per year by reinvesting in property renovation.
Location
State FL
County Pasco
Community City Zephyrhills
Zoning R2
Interior
Interior Features Ceiling Fans(s)
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Wood
Fireplace false
Laundry Laundry Room
Exterior
Exterior Feature Fence
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description City Limits, Paved
Entry Level One
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Stucco,Wood Frame
New Construction false
Construction Status Appraisal,Financing,Inspections
Schools
Elementary Schools Woodland Elementary-Po
Middle Schools Raymond B Stewart Middle-Po
High Schools Zephryhills High School-Po
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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