$675,000
$650,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
18 Beds
12 Baths
8,328 SqFt
SOLD DATE : 09/02/2025
Key Details
Sold Price $675,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,328 sqft
Price per Sqft $81
Subdivision Butlers Add
MLS Listing ID TB8413674
Sold Date 09/02/25
Bedrooms 18
HOA Y/N No
Year Built 1959
Annual Tax Amount $2,270
Lot Size 1.030 Acres
Acres 1.03
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
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.
Location
State FL
County Pasco
Community Butlers Add
Area 33523 - Dade City/Ridge Manor
Zoning R3
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Window Treatments
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Laundry Washer Hookup
Exterior
Exterior Feature Outbuildings
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Water Connected
Roof Type Shingle
Porch Covered
Garage false
Private Pool No
Building
Foundation Crawlspace, Slab
Lot Size Range 1 to less than 2
Sewer Septic Tank
Water Well
Structure Type Block,Frame
New Construction false
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 BINGHAM REALTY INC
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