Additional Details

• Important Details:: --> VACANT AT CLOSE! --> Separate meters! --> No HOA! --> Market rent @ $1300-$1400/MO per unit!
• Features:: RARE, PRIME location for a duplex in Zephyrhills! This 4-bedroom, 2-bathroom features 1440 sq ft, and sits on a quiet part of town. Each unit has its own electric meter, living area, bedroom and bath. Being offered VACANT at close with room to maximize on market rent. Walking distance from Downtown and all it has to offer. Don't miss out on this rare opportunity!
• Potential ARV:: $300,000-$330,000
• Rehab Description:: For a flip or rental, this property will require a full rehab. There was a fire on the second floor that was contained. It is recommended to tear down the frame addition and repair any damages that were done to the concrete block structure.
• Estimated Rehab:: $100,000-$120,000
• Ideal Investment Strategy:: Rental/Resale
• Occupancy:: VACANT AT CLOSE!
• Construction:: CBS
• Estimated Rent:: $1200-$1400/MO PER UNIT
• Comp 1:: 5611 12TH ST, ZEPHYRHILLS, FL 33542 Triplex (2 2/1's & 3/1) 2348 SQFT 1939 Build SOLD @ $399,900 7/17/2023 (16 days on the market) (Rented for a total $3950/MO) - Under Rented (Bigger/additional unit, clean/some updates, and sold with an older roof)
• Comp 2:: 38600 2ND AVE, ZEPHYRHILLS, FL 33542 Duplex (2 2/2s) 1904 SQFT 1980 Build SOLD @ $275,000 05/02/2023 ( 6 days on the market) (Rented for a total of $2250/mo) - Under Rented (Slightly bigger/newer build/dated)
• Comp 3: 4920 S 17th St #4922, Zephyrhills, FL 33542 Duplex (2/1 & 1/1 nonconforming) 1385 SQFT 1954 Build (Smaller/areas is less desirable/dated)
• Hard Money: Pre-Approved by OPS Loans for up to 70% LTV – See OPS Loans Tab