9410 N 10th Street, Tampa, FL 33612

$205,100
5
BD
3
BA
2,077
SqFt

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Sold Price
$205,100
List Price
$275,000
Status
Sold
Days on Market
170
Closing Date
Dec 14, 2023
MLS#
T3448611
Property Style
Duplex
Year Built
1928
Bedrooms
5
Bathrooms
3
Living Area
2,077
Lot Size
9,576
Acres
0.22
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Gateway Sub
MLS Area Major
Tampa / Forest Hills

Property Description

Back on the market due to no fault of the seller! Their loss is your opportunity! HIGHEST AND BEST DUE BY SUNDAY 11/19 AT 12 NOON. Incredible Investment Opportunity in Tampa, FL. Dual Income Streams with Future Upside Potential! This exceptional property presents a unique and lucrative opportunity tailored for astute investors. The property showcases an ideal setup for maximizing returns through an in-law suite or a strategic house hack. The front house, a 3-bedroom, 2-bathroom bungalow spanning approximately 1,377 square feet, is just the beginning. Complementing it is a separate back house with 2 bedrooms and 1 bathroom, spanning around 750 square feet. This back house is perfectly positioned for an in-law suite or generating supplementary rental income. With some renovation, this property is the perfect rental or flip! Market rents for these units are estimated at $1,550 per month for the front house and $1,150 per month for the back house. Potential to yield a combined monthly income of $2,700! Projected on proforma rents, this property boasts an impressive 7.5% Capitalization Rate (CAP rate), highlighting the strong return on investment. Beyond the existing income, there's the advantage of future equity growth, courtesy of the generous corner lot on which the property sits. Each unit offers its residents private backyard spaces, allowing for outdoor relaxation and enjoyment. An added bonus is the separate garage, providing invaluable storage space. Notable updates include a recently replaced roof for the main home, ensuring long-term durability. The roof of the mother-in-law suite is approximately 4 years old, and both units benefit from HVAC systems of similar vintage. Strategically situated, this property offers easy access to the vibrant array of amenities and attractions that Tampa Bay is renowned for. Its proximity to I-275 ensures seamless commuting and convenient exploration of the surrounding area. Seize this outstanding investment prospect before it's too late. Schedule a viewing now to secure your position in the dynamic and thriving Tampa, FL real estate market! Your financial success starts here.

Additional Information

Taxes
$3299
Location
Corner Lot, Near Public Transit
Community Features
None, No Deed Restriction
Property Description
One Story
Zoning
RS-50
Interior Layout
Other
Interior Features
Other
Floor
Carpet, Ceramic Tile, Vinyl
Appliances
Range, Refrigerator
Utilities
Public
Heating
Central
Air Conditioning
Central Air
Fireplace
Yes
Fireplace Description
Family Room, Wood Burning
Exterior Construction
Wood Frame
Exterior Features
Fence
Roof
Metal, Shingle
Foundation
Crawlspace
Pool
No Pool
Garage Carport
3 Car Garage
Garage Spaces
3
Garage Features
Open
Garage Dimensions
20x20
Elementary School
Forest Hills-Hb
Middle School
Adams-Hb
High School
Chamberlain-HB
Flood Zone Code
X
Parcel ID
A-19-28-19-45D-000010-00005.0
Legal Description
GATEWAY SUBDIVISION LOT 5 & E 1/2 CLOSED ALLEY ABUTTING THEREON BLK 10

Listing courtesy of MCBRIDE KELLY & ASSOCIATES. 813-254-0900

Selling Office: EXP REALTY LLC.

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