$775,000
$775,000
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8 Beds
4 Baths
3,294 SqFt
SOLD DATE : 03/20/2023
Key Details
Sold Price $775,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,294 sqft
Price per Sqft $235
Subdivision Sunset Add
MLS Listing ID T3431576
Sold Date 03/20/23
Bedrooms 8
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1985
Annual Tax Amount $8,433
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 103x106
Property Description
This residential income property presents a lucrative opportunity for investors or those seeking to live in one unit and rent the others. This property features two duplexes totaling four units, each consisting of two spacious bedrooms and one bathroom. The current annual income of $59,000, this property has significant potential for an increase in income with some minimal upgrades. The rental units are all occupied, ensuring immediate returns on your investment. These addresses have both passed a recent 4 point inspection, see attachments for additional information. The lot on which this property sits is buildable, providing the opportunity for future development. The location is convenient and highly desirable, with easy access to public transportation, shopping centers, and schools. Investors and owner-occupants alike will appreciate the potential of this property to generate significant income, and with the option for future development, the possibilities are endless. Don't miss out on this rare opportunity to acquire a prime residential income property in this desirable and growing South Tampa neighborhood.
Location
State FL
County Hillsborough
Community Sunset Add
Zoning RM-16
Interior
Interior Features Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Laminate
Furnishings Unfurnished
Fireplace false
Appliance Cooktop, Dishwasher, Refrigerator
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Courtyard, Sidewalk
Garage Open
Utilities Available Electricity Connected
Waterfront false
Roof Type Shingle
Parking Type Open
Garage false
Private Pool No
Building
Lot Description City Limits, Near Public Transit
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block, Stucco
New Construction false
Construction Status No Contingency
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 360 REALTY OF TAMPA LLC
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