A great location for an investment. Multifamily Apartments. Six units approximately 864 SF per apartment. Each unit has a dedicated laundry room with hookups. All are 2 bedroom and 1 one bath. Five of six units are all tiled. 10 paved parking spaced in the front of the building. Located in nice residential area of mixed apartments bldgs and single family homes. Seperate parcel extra 40,077 Square Feet lot number 16 next door, is required in a domino sale for an Additional $285,000 for your development opportunity. Total Sale price is $685,000 for both parcels. Great opportunity for development. Extra lot is zoned for multiple families. Most of the units have been updated. Newer stoves and refrigerators, newer hot water tanks and new ceiling fans. Below market rents. Sold as is. Domino Sale required including lot next door to total $685,000 purchase price. Total both parcels is 62116 Square Feet. Development Opportunity with Income on day one!

Location Description:

This property is in the Port Richey area in Pasco County Florida. It is located just North of Gulf View Square Mall, a popular shopping and dining location. This Gulfcoast of Florida is densely populated, and cities blend continuously along the major thoroughfare US Hwy 19. Pasco County in the center of the state on the Gulf of Mexico. This "Suncoast" area of Florida runs to the South to Naples, with Beaches being a major draw. From Pasco County North to the Florida Panhandle, is know as the Nature Coast due to the expansive land, and outdoor sport opportunities. Pasco County is North of the Tampa-St.Petersburg MSA. The submarket is known as West Pasco. Traveling East on either State Road 54 or State Road 52 will cross the Suncoast Parkway, which is a quick commute to Tampa and Tampa International Airport. Continuing East will cross Intestate 75 to easily head toward Orlando on State Roads or Interstate 4. Many development opportunities, and projects are underway, due to the abundance of Open space and Land in the Central and Northern parts of Pasco County. In the immediate vicinity of this property is the Gulfview Square Mall, shopping and dining district, and residential neighborhoods.

Highlights:

>> Built in 1974

>> Six Unit Multifamily Bldg

>> 10 Paved Parking Spaces

>> Tile Flooring

>> Ceiling Fans

>> Updated Appliances

>> Primary Improved Parcel is .51 Acre mol

>> Seperate Parcel.92 Acre Lot Included next door.

>> Zoned MF2

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