Residential Property - Single Family Residence in Holiday
Listing Price: $399,000
Description of Property
Presenting a unique opportunity to own a versatile property located at 5507 Riddle Road, Holiday, FL 34690. This expansive 2,406 sq ft residence, situated on a generous 0.15-acre corner lot, offers flexible living arrangements ideal for multi-generational families or investors seeking rental income potential. Property Overview: Total Living Area: 2,406 sq ft Bedrooms: 6 Bathrooms: 2 Lot Size: 0.15 acres Year Built: 1975 Zoning: 00R4 Annual Property Tax (2024): $4,978.85 Unit Details: Unit A (5507): 4 bedrooms, 1 bathroom, currently vacant with a screened front porch. Unit B (5509): 2 bedrooms, 1 bathroom, currently rented at $1,100/month on a month-to-month lease, with a projected market rent of $1,550/month. Investment Highlights: Rental Income Potential: Live in the front unit and rent the back unit for additional income. Tenant-Paid Utilities: Tenants are responsible for all utilities, reducing landlord expenses. Market Rent Upside: Opportunity to increase rental income in Unit B to align with current market rates. Location Benefits: Convenient Access: Easy access to major highways, shopping centers, and dining establishments. Community Amenities: Located in a desirable neighborhood with access to local schools and parks. Let me know if you need further assistance or additional details.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Holiday
County: Pasco
Subdivision: Forest Hills Unit 59 Mb 11 Pg 60 Lot 1587
Bedrooms: 6
Bathrooms: 2
Sq. Ft. Gross: 2,600
Sq. Ft. Living Area: 2,406
Cost per (heated) sqare foot: $166
Year built: 1975
Annual Tax: $4,978
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Refrigerator
Window Features: Blinds
Flooring: Ceramic Tile
Schools
Elementary School: Sunray Elementary-PO
Middle/Junior High School: Seven Springs Middle-PO
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Stucco
Foundation: Slab
Roof: Shingle
Exterior Features: Sidewalk
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.15
Lot Size (sq. ft.): 6,675 square feet
Front Exposure: North
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 322616062C000015870
Zoning: 00R4
Tax Legal Desc.: FOREST HILLS UNIT 25 MB 11 PG 60 LOT 1587
Section: 32
Range: 10
Listing courtesy of THOMPSON AND THOMPSON REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
