6106 12Th St Zephyrhills, FL 33542
- Mixed-use properties
- 2,007 SF
- 0.40 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 6106 12Th St
- Year built
- 1930
- Lot size
- 0.40 lot acres
- Property size
- 2,007 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property at 6106 12th Street, Zephyrhills, FL, presents a compelling investment opportunity. Spanning 2,007 square feet on a 0.4-acre lot, this fully occupied building boasts four separate rental units, generating substantial income. Unit A is a 2-bedroom, 1-bathroom unit currently renting for $950 per month. Unit B offers 4 bedrooms and 3 bathrooms, commanding a monthly rent of $1400. Unit C features 3 bedrooms and 2 bathrooms, with a current rent of $1050 per month. Finally, Unit D is a 4-bedroom, 2-bathroom unit also renting for $1400 monthly. The property includes three laundry units for tenant convenience and some covered parking. Recent upgrades include a new lifetime rubber roof, a fire alarm system, and the complete modernization of the plumbing and electrical systems, bringing them up to current code. Each unit has its own separate water and electric meter. The central heating and air conditioning system is older but serviced and functional, except for a small upstairs apartment. While the exterior shows some wear, this contributes to lower property taxes. The property is currently under contract with Hawks Pest Control, ensuring ongoing pest management. This property offers a strong return on investment with potential for further rental income increases. This is a rare opportunity to acquire a well-maintained, income-producing multifamily property in a desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Zephyrhills
- County
- Pasco
- State
- Florida
- Longitude
- -82.17949
- Latitude
- 28.24628