3 Dade City Duplexes
It's a rare treat to find a property like this. Three duplexes in a 1.39 acre park like setting. Each unit (6 total) are 2 bedroom, 2 bath, units with enclosed carports and screened porches. New roofs on all buildings in 2022 and fresh exterior paint in 2023. Please see the attached sheet of upgrades and repairs for a comprehensive list. Current tenants are month to month with one unit leased until October. Current rents are below the market average by several hundred dollars and have potential for a 75% increase. Annual operating expenses average $21,000 per year with current net income last year of $55,000 Also attached is a list of current rents and expenses this complex is conveniently located near St Leo University and Lake Jovita.