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Key Details
Sold Price $120,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 912 sqft
Price per Sqft $132
Subdivision Fern Cliff
MLS Listing ID O5824595
Sold Date 02/21/20
Construction Status Inspections
HOA Y/N No
Year Built 1975
Annual Tax Amount $1,288
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 53x115
Property Description
Duplex consisting of two one bed one bath units. Building updated with new kitchen cabinets/countertops, appliances, roof and luxury vinyl plank flooring. Both units separately metered for electric (tenants responsible). Current monthly rent of $695 and $775 ($1,470 total). Total monthly rents can easily be increased to $1,550 with minimal capital expenditures. This affords a pro forma cap rate of over 10% (see attachment). DO NOT DISTURB TENANTS.
Location
State FL
County Hillsborough
Community Fern Cliff
Zoning RS-50
Interior
Heating Electric, Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Other
Garage None, Parking Pad
Utilities Available Cable Available, Electricity Connected, Sewer Connected
Waterfront false
View Water
Roof Type Shingle
Parking Type None, Parking Pad
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
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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Bought with FENSALIR REAL ESTATE SERVICES INC
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