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10490 Chalmer Street, Spring Hill, FL 34608

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For Sale

$4,150,000

21,120 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $196.50
    Price per square foot

  • 21-30 Years Old
    Age

  • Pool
    Amenities

Explore this Property

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!"
MLS# T3500988

Courtesy Of Realty Professionals of Florida LC

(813) 512-2100

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Barbecue Area, Pool, Ceiling Fan
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Exterior Type
    Block, Wood
  • Floor Covering
    Tile
  • Heating System
    Central Furnace
  • Lot Size
    0.92 Acres
  • Roof Type
    Composition Shingle

Map and Directions

Directions to 10490 Chalmer Street, Spring Hill, FL 34608

Home seller CENTURY 21 Alliance Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Alliance Realty

(352) 686-0000
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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