$600,000
$597,500
0.4%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
5,632 SqFt
SOLD DATE : 10/23/2023
Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,632 sqft
Price per Sqft $106
Subdivision Homosassa Unit 03
MLS Listing ID OM664164
Sold Date 10/23/23
Bedrooms 8
HOA Y/N No
Originating Board Stellar MLS
Year Built 1981
Annual Tax Amount $5,559
Lot Size 0.880 Acres
Acres 0.88
Lot Dimensions 150x270
Property Description
A strategically located Garden Style Apartment Complex in Homosassa, FL, covering .88 acres and comprising 8 units, all fully occupied. The current rental rates sit below the market average, presenting an immediate avenue for revenue enhancement. The complex features three structures: two triplexes and a duplex, each constructed using CBS in 1981. An added advantage is the on-site laundry facility, efficiently designed for utility cost management. Situated in the heart of Homosassa, known for its natural springs and balanced residential-business ecosystem, this property offers prospective buyers both tax benefits from Y1 acquisition and depreciation, and a favorable operational cost structure.
This town offers a perfect equilibrium of residential serenity and burgeoning business opportunities. Notably, this property is strategically positioned within a 5-mile radius of major highways, ensuring easy accessibility and enhanced appeal for potential tenants.
Location
State FL
County Citrus
Community Homosassa Unit 03
Zoning MDR
Interior
Interior Features Ninguno
Heating None
Cooling Central Air
Flooring Slate, Vinyl
Fireplace false
Exterior
Exterior Feature Other
Parking Features Parking Pad
Utilities Available Electricity Available, Sewer Available, Water Available
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with CENTURY 21 J.W.MORTON R.E.
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