5341 10th St., Zephyrhills, FL 33542

INVESTMENT OPPORTUNITY! This 5-plex is in PERFECT SHAPE. The seller has replaced the roofs within the last 5 years; and all A/C units are only 2 years old. This property is composed of two buildings. The large, front building contains 3 apartments. There is a 1/1 and a 2/2 downstairs. (These are apartments 1 & 2). The smallest of the 5 units is upstairs (#3). It has a porch overlooking downtown. The back building houses two apartments (#4 & #5) Each of these is a 1/1. The gross income in 2015 was $23490.00. Expenses were: Utilities (seller provides water & sewer) totaling $2234.28; Insurance on the buildings and liability insurance were $2422.22; Taxes were $1282.81. NOI was $17550.69. Income was lower in 2015 as one unit was vacant for 7 months being remodeled. All tenants are one year leases just recently renewed. STABILITY! Tenants have been there since 2001, 2011, 2012, and 2015. There is a separate water shut off for each building. Sellers own all ranges and refrigerators, stove hoods and water heaters (except for range in #5…tenant owns that one). The lot is 60 x 140. There’s a Storage shed for lawn equipment, etc. GREAT PROPERTY!