14 Hamilton Heath Drive, Tampa, FL 33604

$765,000
3,752
SqFt

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Sold Price
$765,000
List Price
$824,000
Status
Sold
Days on Market
233
Closing Date
Apr 24, 2024
MLS#
T3456035
Property Style
Quadruplex
Year Built
1926
Living Area
3,752
Lot Size
6,000
Acres
0.14
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Hamilton Heath Rev Map
MLS Area Major
Tampa / Sulphur Springs

Property Description

This multifamily property is an absolute GEM -- all units are oversized with spotless kitchens and bathrooms + beautiful hardwood floors and walk-in closets. Live in one unit and rent to wonderful, long-term tenants or keep renting all four units on this perfect street just minutes away from the river and Tampa's best coffee shops, bars, and restaurants (10 minute drive to Armature Works). As an investment, the fourplex is a owner's dream: with overwhelming demand for apartments (two 2/1s and two 1/1s) in Seminole Heights; the entire property was fenced and covered in pavers so no monthly landscaping required + no HOA; in 2021, electrical was completely replaced, trees were trimmed, and roof was recoated; tenants pay for utilities (monthly credit given for water) and washer/dryer already set-up for units; truly, this property has been meticulously maintained and the tenants are kind professionals who were well-vetted with average time in unit >5 years. Currently a 6.5% cap rate but close to 8% with at-markets rents. Managing the property is easy and headache-free. Looking for the right buyer who is excited about all the amazing things that will continue to come to Tampa. Will work with 1031 buyers who need timeline flexibility. Note: please respect the tenants and property. There are cameras covering the entire premises and no one is allowed on the property without the owner's approval.

Additional Information

Taxes
$6823
Location
Level, Sidewalk, Paved
Community Features
No Deed Restriction
Property Description
Walk-Up
Zoning
SH-RS
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Ceramic Tile, Wood
Appliances
Dryer, Gas Water Heater, Range, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Wood Frame, Wood Siding
Exterior Features
Fence, Storage
Roof
Membrane
Foundation
Crawlspace
Pool
No Pool
Garage Features
Driveway, Oversized
Flood Zone Code
AE
Parcel ID
A-30-28-19-4J8-000000-00004.0
Legal Description
HAMILTON HEATH REVISED MAP LOT 4

Listing courtesy of HOMECOIN.COM. 888-400-2513

Selling Office: ALIGN RIGHT REALTY CARROLLWOOD.

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