$400,000
$440,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
2,725 SqFt
SOLD DATE : 03/09/2020
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,725 sqft
Price per Sqft $146
Subdivision Manor Hills
MLS Listing ID T3218895
Sold Date 03/09/20
Construction Status Completed
HOA Y/N No
Year Built 1943
Annual Tax Amount $2,691
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Multi-Family
Property Description
There are currently no income properties on the market like this one! Very unique property near Seminole Heights and close to public transit/highways. This property is located on beautiful shaded lot (under mature oak trees) in a neighborhood off the main road. Off street parking for tenants. Property contains a duplex with 2beds/1bath on each side, and 4 stand alone units. Because each unit is a stand alone home, tenants have privacy unavailable in other rental situations. These units are never vacant for long, they are in very high demand! Some units are currently rented below market rent due to some long term tenants, but are due to be increased on sale/when lease expires.Rent listed is expected amount. (3700 monthly or 44,400 annually) Excellent property manager in place, who collects rent in person each month and handles any repairs for a low cost. Tenants pay all their own utilities! Roof is new on the duplex. Units have been recently painted and the entire property has been tented for termites, with a policy that can be renewed each year. There has been extensive growth and development in the Tampa area, causing this to be a hot market, and an excellent investment. Partial seller financing available. Multi-family units like this are rare, especially so close to the city! Don't miss out on this rare investment opportunity; it won't last!
Location
State FL
County Hillsborough
Community Manor Hills
Area 33604 - Tampa / Sulphur Springs
Zoning RS-50
Interior
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile
Fireplace false
Appliance Range, Refrigerator
Exterior
Exterior Feature Storage
Parking Features Common, Off Street
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Construction Status Completed
Schools
Elementary Schools Forest Hills-Hb
Middle Schools Adams-Hb
High Schools Chamberlain-Hb
Others
Pets Allowed No
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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