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Rare opportunity for multi-family use. This spacious and versatile lot offers a unique opportunity for multi-home development with rental income potential. Zoned for residential use, the property can accommodate two homes, making it ideal for investors or families looking to build a community-oriented setting. With ample square footage and a flexible layout, the lot provides the perfect canvas for your homes. The location ensures strong rental demand, offering a steady stream of income for potential landlords. Utilities are readily accessible, and the lot is conveniently situated near schools, parks, shopping centers, and public transportation. Whether you're looking to create a residential compound or build a lucrative rental portfolio, this lot offers endless possibilities for growth and long-term value. INVESTORS WELCOME, RARE OPPORTUNITY IN HERNANDO COUNTY. Replace 2 existing units within 12 months to retain multi-family status. NOI is based on 2 mobiles at current average rent rate.
| DAYS ON MARKET | 100 | LAST UPDATED | 11/7/2024 |
|---|---|---|---|
| TRACT | CEDAR LANE SITES | YEAR BUILT | 1972 |
| COMMUNITY | 34601 - Brooksville | COUNTY | Hernando |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Oct 15, '24 | $125,000 |
|---|---|
| Oct 15, '24 - Nov 7, '24 | $115,000 |
| Nov 7, '24 - Today | $99,999 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 34601 - Brooksville |
| HEAT | None |
| INTERIOR | Other |
| LOT | 0.68 acre(s) |
| LOT DESCRIPTION | Paved |
| LOT DIMENSIONS | 100X300 |
| SEWER | Septic Tank |
| SUBDIVISION | CEDAR LANE SITES |
| TAXES | 1963.59 |
| UTILITIES | Electricity Available |
| WATER | Private, Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by Donald Smith, ll, BHHS FLORIDA PROPERTIES GROUP, 352-688-2227
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/22/24 8:44 PM PST.
This IDX solution is (c) Diverse Solutions 2024.