$650,000
Pending · 3 days on market · MLS# MFRTB8413674
| Bedrooms | 18 |
|---|---|
| Living area | 8,328 sq ft |
| Lot size | 1.03 acres |
| Year built | 1959 |
| Property type | Multi Family |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $2,271 |
| County | Pasco |
VALUE-ADD Income-Producing Opportunity – 12-Unit Residential Portfolio on 6 Parcels. One two-story building and four duplexes. Unlock the potential of this rare multi-parcel investment portfolio featuring 12 fully-leased residential units. Strategically located in a high-demand rental market, this package offers consistent cash flow and long-term upside through both income stability and land value appreciation. The 6 parcels host well-maintained residential structures, providing a diverse unit mix that appeals to a wide tenant base. All units are currently occupied, generating immediate income for savvy investors looking to expand their portfolio with a proven performer. Unit Mix: 7 One-Bedroom Units, 4 Two-Bedroom Units, 1 Three-Bedroom Unit. Property Highlights: 12 total residential rental units, Strong rental history with high occupancy rates and long-term tenants, Separately metered utilities, Potential for increased rents and value-add improvements, Roofs replaced 2016-2018, HVAC units replaced as needed. Whether you're a seasoned investor or looking to enter the multi-family market with a solid income-producing asset, this offering presents a rare chance to acquire a well-positioned portfolio with room to grow. Don’t miss this unique opportunity to secure 12 units in one efficient transaction.
Listing courtesy of William Bingham, BINGHAM REALTY INC. Presented by MC Homes Realty Inc · 727432218.