As always I started doing research seeking were the opportunities for investment exists today. I have always been partial to the multi-family market; specifically the 2-4 unit market. The reason I have always been [atrial to this type of investment is because one vacant unit does not equate to zero income until rented again. The other units usually help you cover expenses such as water/sewer, trash and of course mortgage payments.
According to the MLXchange Data, there are currently a total of 39 duplexes, triplexes and quads in the market place available in the Pasco County Area; with prices ranging from the low of $29,900 to the high of $299,000 with the bulk of available properties price at between $72,900 and $99,900. There are some fine bargains out there waiting to be grabbed.
The same data show that during the last twelve months a total of 41 duplexes, triplexes and quads have been sold in Pasco County with prices ranging from $19,900 up to $158,500. The sales break down as follows; six properties sold for $30,000 or less, five sold from$33,000 to $40,000, six sold between $41,500 to $50,000, seven sold between $51,000 to $60,000, four sold between $62,500 to $66,000, eight sold between $71,000 to $80,000, and five sold between $96,000 and $158,500.
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