$457,500
$499,900
8.5%For more information regarding the value of a property, please contact us for a free consultation.
2,200 SqFt
SOLD DATE : 08/30/2024
Key Details
Sold Price $457,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $207
Subdivision Grant Park Add Blk 31-3
MLS Listing ID T3521628
Sold Date 08/30/24
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1986
Annual Tax Amount $4,761
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 100x107
Property Description
Introducing a prime investment opportunity in the heart of Tampa Bay – a quadplex offering exceptional value and potential. This meticulously maintained property comprises two solid block construction duplexes, each featuring cozy 1-bedroom, 1-bathroom units complete with private laundry facilities.
Consistently occupied by long-term tenants, this property presents a stable income stream with room for rent increases to maximize returns. The landlord conveniently covers water, trash, and sewage expenses, streamlining management responsibilities for the savvy investor.
With each unit currently fetching $1,815 through Tampa Housing (Section-8), there exists significant potential to enhance cash flow and overall property value. Don't miss out on the opportunity to capitalize on this lucrative investment, priced competitively for a quick sale.
Schedule a viewing today to explore the endless possibilities offered by this exceptional quadplex before it's snapped up by another discerning investor. This property is currently under rented at the moment each unit pays $1,000 per month. One tenant is month to month the other two units lease expires 09/01/2024
Location
State FL
County Hillsborough
Community Grant Park Add Blk 31-3
Zoning RM-16
Interior
Interior Features Ceiling Fans(s), Thermostat
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Laundry Laundry Room, Outside, Washer Hookup
Exterior
Exterior Feature Lighting
Utilities Available Electricity Available, Sewer Available, Street Lights
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with BHHS FLORIDA PROPERTIES GROUP
