7 Tampa Duplex Portfolio Street, Tampa, FL 33612

$2,240,000
30
BD
14
BA
1,710
SqFt

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Sold Price
$2,240,000
List Price
$2,400,000
Status
Sold
Days on Market
42
Closing Date
May 10, 2024
MLS#
T3506281
Property Style
Multi-Family
Year Built
1988
Bedrooms
30
Bathrooms
14
Living Area
1,710
Lot Size
6,000
Acres
0.14
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Castle Heights Map
MLS Area Major
Tampa / Forest Hills

Property Description

*UNDER CONTRACT - ACCEPTING BACK-UP OFFERS** INVESTOR ALERT - Exceptional Opportunity in Tampa! Purchase SEVEN BLOCK CONSTRUCTION DUPLEXES comprising 14 units across 7 parcels. This unique property package features individual duplexes, each with its own parcel ID, offering the potential for separate sales in the near future, maximizing your investment potential. With an annual actual gross income of $187,675 and an annual net income of $141,946 this portfolio ensures a compelling return on investment. All units are currently leased, providing a stable income stream. Please refrain from visiting the property or disturbing tenants. The majority of the units (12 out of 14) consist of 2 bedrooms and 1 bathroom, while one unit boasts 3 bedrooms and 1 bath. Tenants are responsible for utilities. The properties are well-maintained, achieving full occupancy with a low vacancy rate, making it an ideal choice for workforce housing in Tampa's expanding suburbs. There is ample room for improvement and updates, offering significant upside potential for rent increases. Don't miss this opportunity to capitalize on a strategically located and well-performing investment. Contact us today to schedule a showing or obtain additional operational documentation. **SERIOUS INQUIRIES ONLY - Proof of Funds Required for Showings. The seller prefers selling the entire portfolio as a package but would sell 4 of the 7 together -10002 N 11th St 33612 (T3503491)2911 E 19th Ave 33605 (T3503484) 9406 N 13th St 33612 (T3503486) 9809 N Jasmine Ave 33612(T3503490)

Additional Information

Taxes
$4550
Annual Gross Income
187674
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RS-50
Interior Layout
Open Floorplan
Interior Features
Open Floorplan
Appliances
Range, Refrigerator
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Concrete, Stucco
Exterior Features
Other
Roof
Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
x
Parcel ID
W-00-28-19-453-A00000-00005.0
Legal Description
CASTLE HEIGHTS MAP /

Listing courtesy of COMPASS FLORIDA, LLC. 212-913-9058

Selling Office: THOMPSON AND THOMPSON REALTY.

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