9409 Grandfield Road, Thonotosassa, FL 33592

$500,000
8
BD
2,268
SqFt
Sold Price
$500,000
List Price
$575,000
Status
Sold
Days on Market
138
Closing Date
Dec 29, 2022
MLS#
T3385684
Property Style
Duplex
Year Built
1972
Bedrooms
8
Living Area
2,268
Lot Size
14,241
Acres
0.33
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Terrace Highlands
MLS Area Major
Thonotosassa

Property Description

2 INCOME PRODUCING DUPLEXES. This excellent property, located in an opportunity zone, features 2 duplex units. Each duplex contains two, 2 bedroom, 1 bathroom apartments at 567 sq ft each. This property is turnkey and fully occupied. This is being sold together with MLS #T3385626. Listing price does not include both listings. Average rents for #T3385684 & T3385626 must be sold as group, average rents of all 8 units is $1,205. This is a great opportunity to own an investment property with a healthy CAP rate! 3 of the 4 units have be renovated with new flooring, updated kitchens & bathrooms. Mini-splits recently installed in 3 of the 4 units. Rental rates have room to be increased, see attached Rentometer. See attachments for offering memorandum, expenses, return rates, surveys, etc.

Additional Information

Taxes
$3371
Annual Gross Income
60060
Community Features
No Deed Restriction
Zoning
RDC-12
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Utilities
BB/HS Internet Available
Heating
Wall Units / Window Unit
Air Conditioning
Mini-Split Unit(s)
Exterior Construction
Block
Exterior Features
Storage
Roof
Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
x
Parcel ID
U-18-28-20-25F-000031-00001.0
Legal Description
TERRACE HIGHLANDS LOTS 1 AND 2 BLOCK 31

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of CHARLES RUTENBERG REALTY INC. Selling Office: KELLER WILLIAMS ON THE WATER.

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