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Key Details
Sold Price $649,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,448 sqft
Price per Sqft $100
Subdivision City Of Zephyrhills
MLS Listing ID L4639499
Sold Date 04/30/21
Full Baths 18
HOA Y/N No
Year Built 1972
Annual Tax Amount $2,901
Lot Size 10,018 Sqft
Acres 0.23
Property Description
Check this out!! 12 unit 2 story concrete block apartment complex consisting 12 remodeled 1 bedroom 1 bathroom units and is currently 100% occupancy!! Current owners have replaced all the hot water heaters, 12 new a/c units with steel cages built around them for security purposes. All units have hard wired smoke detectors, and new appliances with 6 months of warranty remaining. Cosmeticly each unit has new laminate wood floors , all wet areas are new vinyl. All tubs have ceramic tile surronds and freshlypainted interiors!!!!! This is turn key profit, all 12 units rented for $550 a month with a fifty dollar discount for prompt pay, this great central location can support higher rents if desired owner was more concerned in getting long term rentals, This building was construted of solid block and morter, even the stairwells, Ins and maintence is a min. cap rate approx 10% to 12 % currently
Location
State FL
County Pasco
Community City Of Zephyrhills
Zoning 00R3
Building
Lot Size Range 0 to less than 1/4
New Construction false
Others
Ownership Sole Proprietor
Special Listing Condition None
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Austin Lanpher
Team Lead | License ID: FA100085834
Team Lead License ID: FA100085834