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727-415-4982
Real Estate Company
7101 N Taliaferro Avenue, Tampa, FL 33604
- $720,000
- 2,582
- SqFt
- Sold Price
- $720,000
- List Price
- $750,000
- Status
- Sold
- Days on Market
- 86
- Closing Date
- Jan 11, 2024
- MLS#
- T3460056
- Property Style
- Triplex
- Year Built
- 1918
- Living Area
- 2,582
- Lot Size
- 7,038
- Acres
- 0.16
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Pinecrest
- MLS Area Major
- Tampa / Sulphur Springs
Property Description
Welcome to a unique real estate gem that offers the perfect blend of comfort and opportunity! This distinguished property, comprising of a duplex and a single-family home on one extensive lot, is an investor's dream and an owner's delight. The duplex, designated as Unit A and B, is currently accommodating residents at $1,700 and $1,949 respectively. Yet, the real charm lies in its potential. With minor adjustments, the rent could elevate to a remarkable range of $2,200 - $2,400 per unit, unlocking unprecedented value and income. Unit A, with its open-plan layout and cozy ambience, offers residents a delightful living experience. Simultaneously, Unit B enchants with its spacious interiors and modern amenities. But wait, the offerings don't stop there! An enchanting single-family home nestles on the same lot, currently fetching $1,400 in rent. A minimal investment in updating the kitchen, bathroom, and flooring could skyrocket the income to an impressive $2,400, making it an irresistible prospect. Currently, this property generates a gross income of $59,964. However, with the right attention, the turnkey expected gross income could surge to $75,600. Moreover, with updates, this number could further rise to a whopping $87,600. So why wait? Experience the joy of living in a charming home while the other units contribute to your wealth. This property is a manifestation of the phrase 'the best of both worlds.' Indulge in the comfort of a warm home and rejoice in the consistent stream of passive income it provides. ***LOCATION HIGHLIGHTS*** Convenient to Over 74,000 Jobs & 4,100 Companies Including Major Employers and attractions such as the University of South Florida, Busch Gardens, Yuengling Brewing Company, and Adventure Island. Located in Close Proximity to Over $2 Billion in New Developments Including the $1 Billion “Uptown” University Mall Redevelopment, the $256 Million Advent Health Expansion Development, the $400 Million Moffitt Cancer Center Development, and the Yuengling Brewery Campus Expansion Development.
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Additional Information
- Taxes
- $1795
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- SH-RS
- Interior Layout
- Other
- Interior Features
- Other
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Public
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Stucco, Frame
- Exterior Features
- Fence
- Roof
- Shingle
- Foundation
- Block, Crawlspace, Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- A-25-28-18-4E1-000000-00012.0
- Legal Description
- PINECREST LOT 12
Listing courtesy of LPT REALTY. 877-366-2213
Selling Office: IMPACT REALTY TAMPA BAY.Mortgage Calculator
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