Cash Flowing Block Duplex in Tampa

Hillsborough County, Tampa, FL, 33612
Sold
Listed at: June 28th, 2023
Price
$295,000
ARV
$300,000
Gross Margin
$5,000
Sq. Footage
1400
Type
Multifamily
Parking
Driveway
Year build
1979
Lot size
5662.00 sqft
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

Great investment opportunity!

This income producing property has 2 units that each have a 2 bed/1 bath 700sf per side. One side will be vacating at closing, other lease ends May 2024 and can be provided upon request. Newer ACs, tile floor, metal roof, new kitchens, remodeled baths. Full remodel completed when originally purchased. in 2019.

Rent currently for EACH side $1,250 month…(one side will be vacant at closing)

Asking $295,000 (Net to Seller) ARV is $300k+ plus 

Recent Comps

  • 1109 E Seneca Ave -  4/2 - 1392sf - sold for $320k on 4/17/23
  • 1109 E Holland Ave - 4/2 - 1423sf - sold for $300k on 4/18/23
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

James Watson

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Disposition manager