$517,500
$550,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,808 SqFt
SOLD DATE : 04/14/2023
Key Details
Sold Price $517,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,808 sqft
Price per Sqft $184
Subdivision Sulphur Spgs Add
MLS Listing ID T3433215
Sold Date 04/14/23
Bedrooms 4
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1973
Annual Tax Amount $5,308
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 100x95
Property Description
Quadplex with four 1 bedroom/1 bathroom units. Well-built concrete block building with new paint and dedicated parking. Easy access to I-275, public transportation and minutes from Downtown Tampa. Currently, tenant occupied and rented below market. The total monthly rent is $4k with a total annual income of $48k. Potential to increase rental income, with Section 8 approval, to market rent of $1200-1600+/month with an estimated cap rate of between 7-10%.
Location
State FL
County Hillsborough
Community Sulphur Spgs Add
Zoning RS-50
Interior
Interior Features Other
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Laminate
Furnishings Unfurnished
Fireplace false
Appliance Microwave, Range, Refrigerator
Laundry None
Exterior
Exterior Feature Courtyard, Fence
Parking Features Assigned
Utilities Available Public
View City
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Corner Lot, City Limits, Near Public Transit, Paved
Entry Level One
Foundation Block
Lot Size Range 0 to less than 1/4
Sewer Private Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Appraisal,Financing,Inspections
Schools
Elementary Schools Sulphur Springs-Hb
High Schools Chamberlain-Hb
Others
Pets Allowed No
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
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