Prime Investment Opportunity: 4116 Jason Rd, Spring Hill, FL 34608
Property Overview
- Address: 4116 Jason Rd, Spring Hill, FL 34608
- Property Type: Multi-Family | QuadPlex
- Bedrooms/Bathrooms: 8 Beds, 8 Baths | 4 Units
- Square Footage: 4,644 Sqft
- Projected Monthly Rent: $6,000 (All Units)
- Purchase Price: $599,900
- Photos: View Property Photos
Exceptional Investment Opportunity in Spring Hill!
Discover the prime investment potential at 4116 Jason Rd, Spring Hill, FL 34608. This multi-family quadplex, constructed in 2007, features four units, each with 2 beds, 2 baths, and a single-car garage. Enjoy the benefits of a spacious yard, serene forested surroundings, and a secluded screened-in pool.
Property Highlights:
- Recent Upgrades: Roofs were redone in 2021, ensuring durability.
- Current Rent: All units are currently leased month-to-month, generating a total monthly rent of $6,000. HUD Fair Market Rental Rates for 2024 project market rent at $1,700 per unit, indicating significant rental income potential.
Investment Potential:
- Fix-and-Flip: Consider updating the kitchens, bathrooms, fixtures, and applying a fresh coat of paint. The pool requires draining, cleaning, and repainting.
- Buy-and-Hold: Factor in necessary repairs and updates. With month-to-month leases, there is flexibility to renegotiate rents with current tenants or secure new leases at higher rates.
