Address
7 Tampa Duplex Portfolio STREET, TAMPA, FL
Price
$ 2,400,000
Property Attributes
  • MLS#T3506281
  • TypePending
  • CountyHILLSBOROUGH
  • CityTAMPA
  • AreaTampa - Forest Hills
  • NeighborhoodCastle Heights Map
  • Zip33612
  • StyleMulti Family
  • Year Built1988
  • Taxes$ 4550
  • Price$ 2,400,000
  • Bedrooms30
  • Full Bathrooms14
  • Half Bathrooms0
  • Sqr Footage1710
  • Lot Size6,098 SqFt
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. *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)

Price History
2/27/2024 Listed $2,400,000

General Features

Interior Features Open Floorplan
Sewer Public Sewer
Heating Central
Cooling Central Air,Wall/Window Unit(s)
Utilities Cable Connected,Electricity Connected,Sewer Connected,Water Connected
Roof Shingle
Appliances Range,Refrigerator
Exterior Features Other
Zoning RS-50
Construction Materials Concrete,Stucco
Year Built 1988
Levels One
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
County Hillsborough
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name CASTLE HEIGHTS MAP
Garage Y/N No
Status Pending
Directions From 10002 N 11th St 33612 to 2911 E 19th Ave 33605: Head south on N 11th St toward E 100th Ave. right onto E Columbus Dr.left onto N 22nd St. right onto E 19th Ave. From 2911 E 19th Ave 33605 to
City TAMPA
Buyer Agent Compensation 2% - $395
Senior Community Y/N No
Total Units 14
MLS Area 33612 - Tampa / Forest Hills
Lot Size Square Feet 6000
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Tampa Duplex Portfolio
Listing Terms Cash,Conventional
Tax Annual Amount 4550.66
Public Remarks Under contract-accepting backup offers. *UNDER CONTRACT - ACCEPTING BACK-UP OFFERS** INVESTOR ALERT - Exceptional Opportunity in Tampa! Purchase SEVEN BLOCK CONSTRUCTION DUPLEXES comprising 14 units
Ok to Lease 12 Months
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3506281
Days on Market 42
Standard Status Pending
Legal Description CASTLE HEIGHTS MAP /
Water Access Y/N No
Water View Y/N No

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix STREET
Laundry Features Inside,Outside
Total Bedrooms 30
LivingAreaSource Public Records
Total Baths 14
Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 6000
Foundation Details Slab
Number of Buildings 7
Lot Dimensions 60 x 100
Lot Size Acres 0.14
Road Surface Type Paved
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 33612

Price
AVG $360K
$2.4M
Taxes
AVG $2,534
$4,550
Visits
AVG 291
351
Data Provided by Inside Real Estate®
Year Built
AVG 1971
1988

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