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$900,000
$964,500
6.7%For more information regarding the value of a property, please contact us for a free consultation.
4,555 SqFt
SOLD DATE : 08/28/2020
Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,555 sqft
Price per Sqft $197
Subdivision Kellys Alice Sub
MLS Listing ID T3238157
Sold Date 08/28/20
HOA Y/N No
Year Built 1924
Annual Tax Amount $9,711
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 66x129
Property Description
This very well kept investment unit has been owned by the same owner for a very long time! It is well taken care of and 100% occupied all of the time. Walking distance to University of Tampa and Downtown Tampa! Rents are ACTUAL and they could easily be raised by new owner.
The current CAP Rate is 5.8% but could easily go up to 7-8% CAP Rate by increasing rents to market value. Units are in GREAT condition as owner has maintained them as needed. Some units have newer flooring. Parking area was recently redone! Put your money in to something appreciates AND earns money at the same time!
Location
State FL
County Hillsborough
Community Kellys Alice Sub
Zoning RM-24
Interior
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Furnishings Partially
Fireplace false
Appliance Range, Refrigerator
Exterior
Exterior Feature Lighting, Sidewalk
Parking Features Curb Parking, Off Street, Open
Utilities Available Sewer Connected, Street Lights, Water Connected
View City
Roof Type Shingle
Porch Covered, Front Porch
Garage false
Private Pool No
Building
Lot Description City Limits, Near Public Transit, Sidewalk, Paved
Entry Level One
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Brick,Wood Siding
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with CENTURY 21 LIST WITH BEGGINS