Tampa, FL 33612,7 TAMPA DUPLEX PORTFOLIO ST
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Tampa, FL 33612,7 TAMPA DUPLEX PORTFOLIO ST
Tampa, FL 33612,7 TAMPA DUPLEX PORTFOLIO ST
Tampa, FL 33612,7 TAMPA DUPLEX PORTFOLIO ST
Tampa, FL 33612,7 TAMPA DUPLEX PORTFOLIO ST

$2,240,000

Est. payment /mo

$2,400,000

6.7%
Est.Price: ?

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

7 TAMPA DUPLEX PORTFOLIO ST Tampa, FL 33612

30 Beds

14 Baths

1,710 SqFt

SOLD DATE : 05/10/2024

Key Details

Sold Price $2,240,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,710 sqft

Price per Sqft $1,309

Subdivision Castle Heights Map

MLS Listing ID T3506281

Sold Date 05/10/24

Bedrooms 30

Construction Status Financing,Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1988

Annual Tax Amount $4,550

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 60x100

Property Description

*UNDER CONTRACT - ACCEPTING BACK-UP OFFERS** INVESTOR ALERT - Exceptional Opportunity in Tampa!
Purchase SEVEN BLOCK CONSTRUCTION DUPLEXES comprising 14 units across 7 parcels. This unique property package features individual duplexes, each with its own parcel ID, offering the potential for separate sales in the near future, maximizing your investment potential.
With an annual actual gross income of $187,675 and an annual net income of $141,946 this portfolio ensures a compelling return on investment. All units are currently leased, providing a stable income stream. Please refrain from visiting the property or disturbing tenants.
The majority of the units (12 out of 14) consist of 2 bedrooms and 1 bathroom, while one unit boasts 3 bedrooms and 1 bath. Tenants are responsible for utilities. The properties are well-maintained, achieving full occupancy with a low vacancy rate, making it an ideal choice for workforce housing in Tampa's expanding suburbs.
There is ample room for improvement and updates, offering significant upside potential for rent increases. Don't miss this opportunity to capitalize on a strategically located and well-performing investment. Contact us today to schedule a showing or obtain additional operational documentation.
**SERIOUS INQUIRIES ONLY - Proof of Funds Required for Showings. The seller prefers selling the entire portfolio as a package but would sell 4 of the 7 together -10002 N 11th St 33612 (T3503491)2911 E 19th Ave 33605 (T3503484) 9406 N 13th St 33612 (T3503486) 9809 N Jasmine Ave 33612(T3503490)

Location

State FL

County Hillsborough

Community Castle Heights Map

Zoning RS-50

Interior

Interior Features Open Floorplan

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Fireplace false

Appliance Range, Refrigerator

Laundry Inside, Outside

Exterior

Exterior Feature Other

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Concrete,Stucco

New Construction false

Construction Status Financing,Inspections

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by COMPASS FLORIDA, LLC
Bought with THOMPSON AND THOMPSON REALTY
agent

Andrea Stultz Wood

Advisor

+1(941) 929-6529

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