Link Copied
Listed price in listed location currency (USD).
$329,000

000

MLS® 850325

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3059 sqft
Garage No
Taxes $2,459
Days Active 1
Lot Size 0.34 acres
Approx. Age 1958
Avg. Price Per Sqft $107
MLS® Number 850325

Property Address: 1234 W Penn Dr, Crystal River, FL, 34429

Average square foot calculated using Size range provided by listing agent.

Description

CASH COW! Four-Plex w/bonus attached bay-loading warehouse is investor no-brainer! Owned for 24 years by 85-year old seller. He's reluctant to sell, but must-due to his age. Built structurally like a cold-war bunker, this jewel of a money-maker is virtually indestructable! Fully rented w/Long-time loyal renters in place. Keep status quo or easily convert this to an Air B&B / Vacation rental for up to four-times the current income! Seller upgraded electric after purchase to 450 amp service w/ 3 separate meters. Also upgraded septic, well & plumbing. Installed cable/internet & Central HVAC, all for the first time. Each of four residential units rent Fully Furnished w/ ALL UTILITIES INCL: Electric, water, high speed broadband wi-fi internet, trash & lawn maintenance. BUT WAIT-THERE'S MORE! Attached Bay-loading Warehouse w/ Carport has been in use for seller's storage use only & has never been rented: Rent this as 5th unit & increase your profit-margin! Three (3) steel sheds; Plenty of parking for tenants on 3 sides of building. Minutes to Kings Bay, Downtown Crystal River, Three Sisters Springs, shopping, restaurants, new shooting range. Only 5 minutes to/from newest Suncoast Pkwy Interchange at Hwy. 486 for commute to Tampa, Clearwater beaches & south. Never flooded and 0 wind damage in 24 yrs. PROSPECTUS PKG. Available. Cash or Conventional only.
MLS® Number850325
Laundry LevelStacked
Central VacNo
FireplaceNo
Acreage0.34
Exterior
GarageNo
Approx. Age1958
Basement
DrivewayDriveway, Gravel, Rv Access Parking
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 3, 2025List Date
$329,000List Price
  • Commute

Commute

Starting Address
Destination Address
1234 W Penn Dr, Crystal River, FL

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties