Bought with Elias G Kirallah • Century 21 J.W.Morton R.E.
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,632 sqft
Price per Sqft $106
Subdivision Homosassa Unit 3
MLS Listing ID 826883
Sold Date 10/23/23
Style One Story,Duplex
HOA Y/N No
Year Built 1981
Annual Tax Amount $5,559
Tax Year 2022
Lot Size 0.880 Acres
Acres 0.88
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.
Location
State FL
County Citrus
Area 21
Zoning MDR
Interior
Cooling Central Air
Flooring Slate, Vinyl
Fireplace No
Appliance None
Exterior
Garage Parking Space(s)
Pool None
Waterfront No
Water Access Desc Public
Roof Type Tile
Building
Lot Description Acreage
Entry Level One
Foundation Block, Slab
Sewer Public Sewer
Water Public
Architectural Style One Story, Duplex
Level or Stories One
New Construction No
Others
Tax ID 1124964
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
Edward Peterson
Team Leader / Realtor/ Listing Specialist | License ID: SL3463440
Team Leader / Realtor/ Listing Specialist License ID: SL3463440