9418 N 50TH ST, Tampa, FL 33617 – T3234525 - Rosemond Noel

$415,000

$425,000

2.4%

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment -/mo

3,248 SqFt

SOLD DATE : 06/01/2020

Key Details

Sold Price $415,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,248 sqft

Price per Sqft $127

Subdivision Temple Terraces

MLS Listing ID T3234525

Sold Date 06/01/20

Construction Status Financing

HOA Y/N No

Year Built 1982

Annual Tax Amount $3,403

Lot Size 9,583 Sqft

Acres 0.22

Property Description

Excellent Investment Property Ownership Opportunity! Well maintained quadruplex is comprised of Four (4) 2 Bedroom/ 1 Bathroom units with 812 Interior Square Feet per unit for a grande total of 3,248 square feet. All units are presently tenant occupied with leases in place (earliest expiration date of 12/20) and three of the four units are Section 8 approved with rents direct deposited monthly. Potential for rent increases in the future as rents are set less than comparable area rental estimates. Building is noted as having Roof Replacement (2017), All A/C systems (Compressors / Air-Handlers) have been recently replaced (Unit A - 2019/Unit B - July 2018/Unit C - May 2017/Unit D - November 2017) and all water heaters were replaced within the last three years. With a 25% down payment, this investment property boasts an impressive 16%-19% estimated ROI within an area that has a history of stable and consistent growth. Close to shopping, hospitals, USF, restaurants, easy interstate access & more.

Location

State FL

County Hillsborough

Community Temple Terraces

Zoning RM-24

Rooms

Other Rooms Great Room, Inside Utility

Interior

Heating Central, Electric

Cooling Central Air

Flooring Tile

Furnishings Unfurnished

Fireplace false

Appliance Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer

Laundry Inside

Exterior

Exterior Feature Lighting

Parking Features None, Off Street

Community Features None

Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Available, Sewer Connected, Water Available, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Lot Description City Limits, In County, Paved

Entry Level Two

Foundation Slab

Lot Size Range Up to 10,889 Sq. Ft.

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Construction Status Financing

Schools

Elementary Schools Temple Terrace-Hb

Middle Schools Van Buren-Hb

High Schools King-Hb

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Membership Fee Required None

Listing Terms Cash, Conventional

Special Listing Condition None

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Rosemond Noel

listwithrosemond@gmail.com +1(239) 200-3619

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Listed by KELLER WILLIAMS - NEW TAMPA
Bought with BEX REALTY, LLC

Rosemond Noel

Agent | License ID: SL3480275

+1(239) 200-3619 | listwithrosemond@gmail.com