$4,150,000
Active
100 Days Online
0 Beds0 Baths21,120 SQFT
Active

10490 Chalmer Street Spring Hill, FL 34608

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We are thrilled to present one of the premier properties located in the heart of Spring Hill! This exceptional offering features 20 fully upgraded units, each boasting 2 beds and 2 full baths with plenty of room at 1, 050 sqft. Positioned in a highly walkable and sought-after location, the property is surrounded by all essential amenities. With a remarkable 100% occupancy rate and a waiting list, this location is highly coveted. Sporting a 7%+ CAP rate and an impressive rental history (with some tenants having resided here for over 10 years), the property commands rent averages ranging from $1, 650 to $1, 720 per month on annual leases post each unit's renovation. Recent enhancements include a new roof, new water heaters, and a freshly painted exterior. Additionally, new outdoor grilling areas, fireplaces for each unit, complete shower remodeling, and more have been added. Its prime location in a high-demand rental area, coupled with the extensive renovations, makes it an outstanding investment opportunity. Offering ample parking, two coin-operated on-site laundry rooms (one for each story), a beautiful fenced pool, and a stunning indoor sitting area, this property stands out as a truly exceptional offering in the market. These features, combined with its strategic location, ensure robust rentability with minimal income volatility. Tenants will undoubtedly prefer these apartments over others, leading to reduced vacancies and shorter turnover times between tenancies. P&L statements and rent-rolls are available. Call for more information!"

  • Property TypeMulti-Family
  • NeighborhoodSpring Hill
  • CountyHernando
  • Taxes$27,586
  • HOA/Condo/Coop Fees$0
  • Days on Site100 Days
  • MLS StatusActive
  • MLS ID NumberT3500988
  • Home Size Source Public Records
  • Year Built1996
  • Lot Size0.92 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Block
  • Sewer Public Sewer
  • Acreage 0.92
  • Water Public
  • Property Sub Type Multi Family
  • Utilities Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected
  • Foundation Block
  • Zoning MULTI FAMI
  • Minimum Lease No Minimum
  • Ownership Fee Simple
  • Parcel Number R32-323-17-5160-0974-0060

Interior Features

  • Cooling Central Air
  • Heating Central
  • Flooring Tile
  • Interior Ceiling Fans(s)Kitchen/Family Room ComboOpen Floorplan
  • Laundry Features Common AreaLaundry Room
  • Fireplace Yes

Exterior Features

  • Roof Shingle
  • View City
  • Pool true
  • Pool Features In Ground
  • Waterfront Property No
  • Private Pool true
  • Exterior LightingOtherOutdoor Grill
  • Lot Corner LotNear Public TransitPaved

Community Features

  • Township 23S
  • Senior Community No
  • MLS Area 34608 - Spring Hill/Brooksville

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Monthly Payment (Est.)

$22,289
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