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Key Details
Sold Price $198,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,508 sqft
Price per Sqft $131
Subdivision Hafford Joness Add To Su
MLS Listing ID O5850650
Sold Date 05/01/20
HOA Y/N No
Year Built 1962
Annual Tax Amount $1,639
Lot Size 7,840 Sqft
Acres 0.18
Property Description
HIGH CASH-FLOWING QUADPLEX with brand new roofs, updated vinyl flooring, updated kitchens with new appliances, and bathroom fixtures. Current monthly rents total $2,450. Tenants responsible for electric and owner pays water, sewer, trash. Average monthly bill from City of Tampa only around $100. Still plenty of opportunity to optimize future rent prices. This affords a pro forma cap rate of 10% (see attached documents). Major value added if new owner were to split water meters. This is the perfect opportunity to add to your portfolio. Property is being sold "as-is" with right to inspect.
Location
State FL
County Hillsborough
Community Hafford Joness Add To Su
Zoning RS-50
Interior
Heating Electric, Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Fence
Utilities Available Public
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with FENSALIR REAL ESTATE SERVICES INC
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