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Key Details
Sold Price $2,425,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 12,948 sqft
Price per Sqft $187
Subdivision Unplatted
MLS Listing ID T3361204
Sold Date 06/30/22
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1988
Annual Tax Amount $7,722
Lot Size 0.400 Acres
Acres 0.4
Property Description
Investor Alert! Fully occupied cash flowing complex. This listing is for a total of 12 units, with 3 - four unit buildings on 3 separate parcels. All units are 3 bedroom 1.5 bath 1,079 sq ft. townhomes. Each unit has 3 bedrooms and a full bath upstairs, with a living room and half bath downstairs as well as a kitchen with eat-in area. Sliding glass doors lead out to the private fenced yard and patio slab for each unit. Huge value add opportunity here as rents are well below market, there is the opportunity to add on an additional 2 units per parcel and the complex could also be re-classifies as condominium. 6 of the units are either on month to month terms or coming up on lease expirations within the next couple months so they could be brought to market rent very quickly. Conveniently located in northern Tampa with easy access to I-275, University of South Florida, numerous hospitals and restaurants, etc. Tenants are not aware of the sale. Do not approach tenants.
Location
State FL
County Hillsborough
Community Unplatted
Zoning PD
Interior
Interior Features Eat-in Kitchen
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Ceramic Tile
Fireplace false
Exterior
Exterior Feature Sidewalk, Sliding Doors
Parking Features Off Street
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level Two
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Block, Stucco
New Construction false
Construction Status Inspections
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 RAJOKA REALTY