4148 RAINBOW Drive

Highlights:

• Lot Features: Other
• Number Of Buildings: 1
• Bathrooms Total: 0
• Documents Available: Other
• Cooling: Central Air
• Heating: Central, Electric
• Electric: Other
• Flooring: Carpet, Vinyl
• Construction Materials: Wood Siding
• Parking Features: On Street
• Accessibility Features: None
• Security Features: None
• Buyer Agency Compensation: 3

Description:

Great location! 5+ bedrooms, 2 bath on 1.5 acres. Fixer upper. Savvy buyer can renovate and possibly add second home on property. Previously used as a transition home for a nursing home. Near Wesley Chapel and I-20. Sold "As Is" The property is used for transitional housing. The 7 tenants pay $500- $600 per month each on month to month leases. It was originally a recovering alcohol and drug abuse facility with a state contract. It housed 2 people per room at $500.00 per bed.(this program would have to be re-instated). The roof is a 35 year architectural roof installed in 2018. The HVAC was installed in 2019. The hot water heater was installed in 2020. It has newer double insulated windows. The building is "sprinked" for a commerical building. It has upgraded plumbing for handicap bathroom (permitted). It has upgraded electrical. It has hardwired smoke detectors. It sits on 1.5+ commercially zoned acres.