5507 RIDDLE ROAD at

5507 RIDDLE ROAD

For sale Days on market 307

$378,000

$157/sq ft

$34,000
Price Decreased

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Overview

Bedroom

Bath

Year Built

1975

Sqft

2406

Property Type

Single Family Residence

Property Description

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

Property Details

MLS#

TB8348376

Address

5507 RIDDLE

City

HOLIDAY

State/county

Zip/Postal Code

34690

Area

Forest Hills Unit 59 Mb 11 Pg 60 Lot 1587

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,977

Maint Fee

$--

Tax Year

2024

Electric Water Heater

Other

Refrigerator

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