9271 N Peachtree Way, Citrus Springs, FL 34434
- $330,000
- 4
- BD
- 4
- BA
- 1,750
- SqFt
- List Price
- $330,000
- Status
- Active
- Days on Market
- 58
- MLS#
- OM725772
- Property Style
- Duplex
- Year Built
- 2008
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 1,750
- Lot Size
- 10,000
- Acres
- 0.23
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Citrus Spgs Unit 01
- MLS Area Major
- Dunnellon/Citrus Springs
Property Description
Investor Opportunity in Growing Citrus Springs! Fully leased and producing income from day one, this well-maintained duplex offers the combination investors are looking for: stable tenancy, low maintenance, and upside potential. Built in 2008 and showing exceptionally well, the property features two 2-bedroom, 2-bathroom units, each offering approximately 875 square feet of living space. One unit is currently occupied by a long-term tenant on a month-to-month lease, providing immediate cash flow while preserving flexibility for future rent adjustments. The other unit is vacant to allow for easy showings while the property is for sale Current rents are $1,115 per month per unit, with market rents in the area supporting approximately $1,200 to $1,250 per month or greater, creating an attractive value-add opportunity without the need for major renovations. Separate electric and water meters allow tenants to pay all utilities, helping keep operating expenses low and predictable. Situated on a quiet multi-family-zoned street in Citrus Springs, this property benefits from strong rental demand driven by continued population growth and housing shortages throughout Citrus County. The county's population has grown significantly in recent years as buyers and renters seek more affordable alternatives to Florida's larger metro areas. Continued migration from higher-cost states, expanding healthcare and service-sector employment, and convenient access to Tampa, Orlando, Ocala, and Gainesville continue to support both rental demand and long-term appreciation. Whether you're adding to an existing portfolio, completing a 1031 exchange, or looking for a smart house-hacking opportunity, this turnkey duplex checks all the boxes. Investors will appreciate the immediate cash flow, separately metered utilities, and rent growth potential, while owner-occupants can live in one unit and offset a substantial portion of their housing expenses with rental income from the other. For investors looking to scale more efficiently, the seller is also offering the neighboring duplex (9261 N Peachtree Way) for sale. Featuring the same floor plan and a similar rental profile, this presents a rare opportunity to acquire two side-by-side income-producing assets, allowing for greater economies of scale, simplified management, and expanded cash flow potential. Opportunities to acquire clean, fully occupied duplexes with upside potential in growing Citrus County are becoming increasingly difficult to find.
/u.realgeeks.media/deccarealestate/Big_transparent_logo.png){kind=spacer}
Additional Information
- Taxes
- $2955
- Annual Gross Income
- 26760
- Community Features
- No Deed Restriction
- Zoning
- PDR
- Interior Layout
- Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments
- Interior Features
- Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Water - Multiple Meters, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Stucco
- Exterior Features
- Private Entrance
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Driveway, Off Street, Parking Pad
- Elementary School
- Citrus Springs Elementar
- Middle School
- Citrus Springs Middle School
- High School
- Lecanto High School
- Flood Zone Code
- X
- Parcel ID
- 18E-17S-10-0010-00690-0020
- Legal Description
- CITRUS SPRINGS UNIT 1 PLAT BK 5 PG 89 LOT 2 BLK 69
Listing courtesy of KELLER WILLIAMS CORNERSTONE RE. 352-369-4044
Mortgage Calculator
StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on