4841 6th St - Multi-Family in Zephyrhills 5 Unit Apartment Building Offered at $595,000 at a 9.66% Cap Rate Zephyrhills, FL 33542

Prime 5-Unit Income Property in Zephyrhills. Rare opportunity to acquire a 5-unit income property located in the heart of Zephyrhills, Florida, directly across from a city park. This well-positioned asset consists of two duplexes and one single-family residence, offering a desirable mix of unit types that appeals to long-term renters. The property is 100% occupied with stable, long-term tenants, providing immediate and consistent cash flow from day one. Tenants benefit from a walkable location, green space views, and proximity to downtown Zephyrhills, shopping, dining, schools, and major thoroughfares. This offering presents significant value-add potential, including rent optimization, operational efficiencies, and future improvements to further enhance returns. The park-front setting and central location also support strong long-term demand and appreciation.
Ideal for both seasoned investors and those seeking a solid addition to a growing rental portfolio, this property combines steady income, desirable location, and upside opportunity in one of Pasco County’s established rental markets.
Sale Notes: All leases are MTM. City water and City Sewer individually metered. Current monthly GROSS revenue is $6,040. Market potential is $6,800+ monthly. Expense numbers are estimated real estate taxes ($11,000) and insurance ($5,000) ONLY. No other expense data is available. Access to individual units will be granted only during the due diligence period of a contract so as not to disturb tenants. Age of Roofs and HVAC units are unknown. Units are original but in good condition. TENANTS ARE UNAWARE OF THE SALE. PLEASE DO NOT APPROACH. No sign on property. Please submit offers on a Commercial Contract.