2500 E Modern Court, Hernando, FL 34442
Attention investors! A rare opportunity has become available in Citrus…
$524,900.00
$329,000.00
CASH COW! Four-Plex w/bonus attached bay-loading warehouse is an investor’s “no-brainer”! Zoned GNC & owned for 24 years by seller soon turning 85. He’s reluctant to sell but must, due to his age. Built structurally like a cold-war era bunker, this jewel of a money-maker is virtually indestructable! Fully rented w/long-time loyal renters in place. Keep status quo or easily convert this to an Air B&B/Vacation rental for up to four-times the current income! Seller upgraded electric after purchase to 450 amp service w/ 3 separate meters. Also upgraded septic, well & plumbing. Installed cable/internet & Central HVAC, all for the first time. Each of four residential units rent fully-furnished w/all utilities incl.: Electric, water, high speed broadband wi-fi internet, trash & lawn maintenance. BUT WAIT-THERE’S MORE! Attached Bay-loading Warehouse w/ Carport has been utilized for seller’s storage use only & never been rented: Rent this as 5th (storage) unit & increase your profit-margin! Three (3) steel sheds; Plenty of parking for tenants on 3 sides of building. Minutes to Kings Bay, Downtown Crystal River, Three Sisters Springs, shopping, restaurants, new shooting range. Only 5 minutes to/from newest Suncoast Pkwy Interchange at Hwy. 486 for commute to Tampa, Clearwater beaches & south. Never flooded and 0 wind damage in 24 yrs. PROSPECTUS PKG. available. CONFIDENTIAL. Cash or Conventional only
Additional Information
County: Citrus
Subdivision: Citrus Acres
Property/Construction Information
Lot Size (Acres): 0.3400
Architectural Style: Ranch,OneStory,Fourplex
Appliances: Dryer,WasherDryerStacked,ElectricOven,ElectricRange,Refrigerator,Washer
Flooring: Carpet,Terrazzo,Tile,Travertine,Vinyl
Lot Features: CornerLot,Rectangular
Pool:
Living Area (Sq. Ft.): 3059.00
School Zoning
Elementary School: Crystal River Primary
Middle School: Crystal River Middle
High School: Crystal River High
Listing Information
Listing ID: 850325
Listing Status: Active
Days On Market: 3
Listing Agent: Andrea Migliaccio
Listing Agency: Tropic Shores Realty
Listing Agent ID: agentmiglan3
Listing Agency ID: agency4910
Attention investors! A rare opportunity has become available in Citrus…
$524,900.00
The duplex is completely remodeled and has full permits by…
$365,000.00