Great investment opportunity! ***Currently leased, showing by appointment only. This 5-acre property is located in Hernando County around the Brooksville Farm Neighborhood. On the property resides three single-wides and one double-wide that collectively bring in $1,800 each month. All tenants are on month-to-month leases. The land with current zoning allows for one more additional unit, totaling five units with the opportunity to bring in great rental income. Anyone wanting to have multiple rentals on one parcel of land, this is the deal for you!
Price:
$174,900
Address:
Ranch Rd Dade City, Florida 33523
Lot Size:
5 acres
Bathrooms:
single wide 2/1, double wide 3/2
Terms:
For Sale
Property Type:
Manufactured
Year Built:
1974
Const. Type:
Wood Frame
Additional Features
Three single wides 2/1 and one 3/2 double-wide. All homes could use repairs. Month to Month leases on all homes. Single wides bring in $400/month and the double-wide brings in $600/month. Rents have not been raised in 5 years. Located in Hernando County. Zoned Agricultural Residential, which allows one home per acre. Land with current zoning allows for one more additional unit, totaling in 5 units giving the opportunity to bring in great rental income. Front 2.5 acres is where the 4 mobile homes are located. Also, 2 well-maintained septic tanks and wells service the mobile homes. And each mobile home has it's own electrical meter.
***CURRENTLY Leased - Show by Appointment only
Property is sold As-Is, Buyer pays closing costs. No financing
