4845 16TH ST, ZEPHYRHILLS, FL, 33542
$354,900
Residential Income
Bedrooms
5
Bathrooms
3
Living Area
2,112 Sqft
Lot Size
6,600 Sqft
INVESTMENT OPPORTUNITY – INCOME PRODUCING DUPLEX Don't miss this excellent opportunity to add a well-maintained, income-producing duplex to your investment portfolio. Both units are tenant occupied with leases in place through January 31, 2027, providing immediate, stable cash flow. New roof installed 2022. 4845– 3 Bedroom / 2 Bathroom Approximately 1,200± sq. ft. Fully renovated New shaker-style kitchen cabinets Quartz countertops Stainless steel appliance package New bathroom vanities New ceiling fans New faux wood blinds Fresh interior paint throughout Durable tile flooring Currently leased for $1,525/month through 1/31/2027 4847– 2 Bedroom / 1 Bathroom Approximately 812± sq. ft. Tile and luxury vinyl plank flooring Original kitchen Updated bathroom vanity Currently leased for $1,229/month through 1/31/2027 With a combined rental income of $2,754 per month, this duplex offers dependable cash flow from day one. The extensively renovated 3-bedroom unit minimizes near-term capital expenditures, while the 2-bedroom unit provides future value-add potential. Whether you're expanding your rental portfolio or completing a 1031 exchange, this property presents an outstanding opportunity. Buyer should independently verify all measurements, lease information, zoning, and any other information deemed material. **IDENTICAL BUILDING NEXT DOOR ALSO AVAILABLE SEE MLS TB8524857** Additional identical units available if you are looking for a larger acquisition.
Property Details
Property Features Property Features
MLS ID: MFRTB8532757 Year Built: 1986
Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator Community Features: Street Lights
Construction Materials: Stucco Cooling: Central Air
Country: US County Or Parish: Pasco
Exterior Features: None Financial Data Source: Owner
Flooring: Tile Foundation Details: Slab
Heating: Central, Electric Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Lease Term: Twelve Months Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, FHA, Other, VA Loan
Other Equipment: None Possession: Close Of Escrow
Property Sub Type: Duplex Property Type: Residential Income
Road Responsibility: Public Maintained Road Road Surface Type: Asphalt, Paved
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Appointment Only, Call Listing Agent, Do Not Contact Tenants Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Tenant Pays: Electricity, Sewer, Trash Collection, Water Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Water - Multiple Meters, Water Connected
Water Source: Public Window Features: Blinds
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