For Sale: 4116 Jason Rd, Spring Hill, FL 34608

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.