Zephyrhills Real Estate

37834 DAUGHTERY ROAD, Zephyrhills, FL 33541

[Zephyrhills Real Estate, listing number 8027891]



Description: 8027891
   TWO HOME MULTI FAMILY INCOME PRODUCING PROPERTY IN DESIRIBLE AREA OF ZEPHYRHILLS!!!! This property features a 1956 wood frame home that is 1,270 sq ft stripped down to the studs in most of the home. Current floorplan has 2 beds 2 baths but could also be easily converted to a three or four bedroom home. Home will require an extensive buildout and would make a great rental or homestead after completion. Ceilings are vaulted in the living area, screened in lanai, attached workshop and storage barn, home has great potential to be built out and made like new again! Other home is a 1968 2 bed 2 bath 720 sq ft single wide mobile home that has had recent remodeling and fresh paint on the interior. Currently tenant occupied through August 2019 at $600 per month. Site is Zoned for Office Professional and adjacent to some very high end medical offices. Great location in walking distance to Florida Hospital, medical, shopping, and retail establishments. Single family home projected to rent for at least $1,000 per month after built out. Price reflects the new buyers needs and anticipated cost to remodel and finish the single family home. Projected CAP rate of 10.28% after buyers anticipated remodel costs of around 35k, and home is rented. 3 wells on property and one possibly two septics. 24 hr notice to show mobile home as currently tenant occupied. Great opportunity to own two homes on one larger .54 acre lot! call today!

Details:
   Families: 2
   Property Type: Multi-Family
   Square Feet: 1836
   Lot Size: 145x160 Acres
   Built: 1956

Financials:
   Price: $109,400
   Taxes: $1,149

Bingham Realty, Inc.
Brian Infantino
Direct: 813-788-2759

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