6831 Wire Road, Zephyrhills, FL 33542

$734,000
1
SqFt

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Sold Price
$734,000
List Price
$749,000
Status
Sold
Days on Market
28
Closing Date
Oct 10, 2023
MLS#
T3465216
Property Style
Multi-Family
Year Built
1954
Living Area
1
Lot Size
108,900
Acres
2.50
Total Acreage
2 to less than 5
Legal Subdivision Name
Zephyrhills Colony
MLS Area Major
Zephyrhills

Property Description

INCOME PRODUCING PARK!!! Great location in charming Zephyrhills for this well established income producing park with single family homes and mobile homes. Two parcels with a total of 3 single family homes and 7 mobile homes on 2.5 acres are included in the sale. Beautiful piece of property with gorgeous trees, open space for recreation and activities, spacious lots and close to shopping, restaurants, schools and medical facilities in Zephyrhills. In addition to the 10 homes that are currently rented there are two garage/storage buildings, sheds and two campers. All homes are rented with long term tenants ranging from 1 year to 7 years. All homes except for 2 have their own electric meters. There are 2 wells that are connected and provide service to the park. Six of the homes have their own septic tank with the remaining 4 homes on one septic system. The park is grandfathered in and the homes can be replaced if the owner elects to do so. Rapidly growing area with rentals in high demand. This is a rare opportunity to purchase a nice, hard to find income producing park. The current rental income is below market average and can be increased if the new owner chooses to. The current owner is satisfied with the rental income because he has stable, long term tenants in the park. Addresses included in sale: 6831 Wire Rd, 6839 Wire Rd, 38408 Neflin Ave, 38414 Neflin, 38417 Neflin, 38421 Neflin, 38425 Neflin, 38431 Neflin, 38440 Neflin. Great net income producing property with much higher income potential.

Additional Information

Taxes
$5222
Annual Gross Income
82800
Community Features
No Deed Restriction
Zoning
AR
Interior Layout
Other
Interior Features
Other
Utilities
Cable Available, Electricity Connected
Heating
Other, Wall Units / Window Unit
Air Conditioning
Other, Wall/Window Unit(s)
Exterior Construction
Other
Exterior Features
Fence
Roof
Other
Foundation
Crawlspace, Other
Pool
No Pool
Garage Carport
3 Car Garage
Garage Spaces
3
Pets
Allowed
Flood Zone Code
X
Parcel ID
02-26-21-0010-02100-0020
Legal Description
ZEPHRYHILLS COLONY COMPANY SUB PB 1 PG 55 THAT POR OR N1/2 OF TRACT 21 DESC AS FOLL:COM AT NE COR OF SAID TRACT TH WEST 136 FT TH SOUTH 45 FT TH EAST 136 FT TH NORTH 45 FT TO POB

Listing courtesy of HOMEWARD REAL ESTATE. 813-441-0400

Selling Office: FUTURE HOME REALTY INC.

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