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. Total Living Area is 2,406 sq ft, 6 Bedrooms, 2 Bathrooms, on Lot Size: 0.15 acres. this home was built in 1975 with a Zoning: 00R4. The Annual Property Tax (2024): $4,978.85. 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. The Rental Income Potential is to Live in the front unit and rent the back unit for additional income.
Tenants are responsible for all utilities, reducing landlord expenses. There is Opportunity to increase rental income in Unit B to align with current market rates. This home is Convenient Located with easy access to major highways, shopping centers, and dining establishments.
Located in a desirable neighborhood with access to local schools and parks