$140,000
$160,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
1,232 SqFt
SOLD DATE : 08/13/2019
Key Details
Sold Price $140,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,232 sqft
Price per Sqft $113
Subdivision Castle Heights 1St Add
MLS Listing ID O5785949
Sold Date 08/13/19
Construction Status Inspections
HOA Y/N No
Year Built 1974
Annual Tax Amount $1,313
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 54x100
Property Description
EXCELLENT opportunity to own this income producing block duplex in Tampa! Recently renovated and in great condition, units have ceramic tile and plank floors throughout and new kitchen cabinets. Separate water and electric meters. Tenants responsible for paying all utilities. Both units rented to great tenants for a total monthly rent of nearly $1,600. Ability to increase total rent in near future. Attainable gross rents of $21,000/year if you move rents to market at $875. This affords a pro forma cap rate of over 10%. DO NOT DISTURB TENANTS. Owner maintains 40 properties and listing part of plan of liquidation. Will entertain portfolio offer. Owner is an agent.
Location
State FL
County Hillsborough
Community Castle Heights 1St Add
Zoning RS-50
Interior
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Other
Utilities Available Cable Connected, Electricity Connected
Garage false
Private Pool No
Building
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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