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Description
Prime income-producing property located in the heart of Spring Hill, Florida. This well-maintained two-story complex features 10 residential units, including (8) 1-bedroom / 1-bath units and (2) 2-bedroom / 1-bath units, offering a strong unit mix to attract long-term tenants.Situated in a high-demand rental corridor with convenient access to shopping, dining, medical facilities, and major roadways, this property is ideal for investors seeking stable cash flow and long-term appreciation.The building's efficient layout, centralized location, and diversified unit mix provide excellent rental appeal. Ample parking and professional configuration make management straightforward and scalable.Whether expanding an existing portfolio or entering the multi-family market, this centrally located Spring Hill asset presents a compelling investment opportunity with consistent income potential.Serious inquiries welcome.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.56 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $11,656
Year Built: 1987
General Information
Bedrooms: 12
Sqft: 8,256
County: Hernando
High School: Frank W Springstead
Subdivision: SPRING HILL
Listed By:
Nancy Brunette
PALMWOOD REALTY INC
352-597-2500
MLS ID: W7883495
Amenities
Ceiling Fans(s)
Open Floorplan
Primary Bedroom Main Floor
Walk-In Closet(s)
Balcony
Property Features
Additional Rooms: Great Room
Annual Net Income: 3186.74
Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Days on Site: 1
Directions: Mariner Blvd to Northcliffe Blvd, follow Northcliffe approx .4 mi to Portillo Rd, TL, follow Portillo Rd to 2nd driveway on R - Portillo Oaks
Exterior: Block, Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Corner Lot
Lot Dimensions: 0.56
Ownership: Fee Simple
Parking: Assigned
Parking Notes: Assigned
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent, Do Not Contact Tenants, ShowingTime
Special Sale Provisions: None
Units: 10
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds
Zoning: RESI
Shown By
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4217 Portillo Road , Unit A, Spring Hill, FL 34608.
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Estimated Payment
$ 5,002.28 per month $3,710.12 Principal & Interest $971.33 Property Tax $320.83 Homeowner's InsuranceChange Payment Information
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