9271 N Peachtree WAY, Citrus Springs, FL 34434
9271 N Peachtree WAY, Citrus Springs, FL 34434
9271 N Peachtree WAY, Citrus Springs, FL 34434
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Listed by John Telford • Keller Williams Cornerstone RE
$330,000
Est. payment /mo
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1,750 SqFt
New

9271 N Peachtree WAY Citrus Springs, FL 34434

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Don Houle

Don Houle

+1(813) 802-8357

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,750 sqft

Price per Sqft $188

Subdivision Citrus Springs

MLS Listing ID 855259

Style One Story,Duplex

HOA Y/N No

Year Built 2008

Annual Tax Amount $2,955

Tax Year 2025

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Duplex

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.

Location

State FL

County Citrus

Area 13

Zoning PDR

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Luxury Vinyl Plank

Fireplace No

Appliance Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Refrigerator

Exterior

Exterior Feature Concrete Driveway

Parking Features Concrete, Driveway

Pool None

Water Access Desc Public

Roof Type Asphalt,Shingle

Building

Lot Description Cleared, Flat, Rectangular

Dwelling Type Duplex

Entry Level One

Foundation Block

Sewer Septic Tank

Water Public

Architectural Style One Story, Duplex

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 1222010

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan

Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan

Special Listing Condition Standard

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Don Houle

Don Houle

Agent | License ID: SL3516291

+1(813) 802-8357

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9271 N Peachtree WAY