Tampa, FL 33603,Address not disclosed

$615,000

$625,000

1.6%
Est.Price: ?

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

Est. payment /mo

3,328 SqFt


SOLD DATE : 03/17/2021

Key Details

Sold Price $615,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,328 sqft

Price per Sqft $184

Subdivision Ida Subdivision Revised Map

MLS Listing ID T3286573

Sold Date 03/17/21

Construction Status Completed

HOA Y/N No

Year Built 1923

Annual Tax Amount $2,866

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 72x145

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

PLEASE DO NOT DISTURB TENANTS! Looking for a great multi-family investment in Seminole Heights? Take a VIRTUAL TOUR of this stunning, one-of-a-kind quadplex (copy and paste link into browser): https://view.ricohtours.com/60c2085b-c839-4532-bf3f-f24589cd771d ---

This is not your standard, cookie-cutter quad. You'll find that each unit has it's own unique identity and maximizes every inch of available space. Three of the four units have their own private yards and each unit has access to two parking spots. Units metered individually so that tenants are responsible for their own electric bills. Owner pays for water. Units are held as long-term rentals but can easily be used as short-term rentals for AirBnB. ACTUAL AIRBNB GROSS INCOME WAS $74,400 IN 2019 (pre-COVID). THERE ARE MULTIPLE OPPORTUNITIES TO INCREASE REVENUE AND PROFIT. Please have your realtor provide the included attachments.

All four units leased to great tenants who have taken exceptional care of their units and the grounds. Units A & B rented well below market due to the long-term nature of the tenants. Storage on the ground floor of bldg 2 (currently rented for $200/mo, month-to-month) is unfinished, unheated square footage. Property is zoned for up to 10 UNITS-- the next owner can convert this additional 1,064sqft space into AT LEAST one more income-producing unit! A savvy investor can leverage the unrealized potential for growth in the area, as well as capitalize on the opportunity in the unfinished space in bldg 2. Your neighbors under construction, The Courtyard at Seminole Heights, are already on the market for over 500k per unit. Ask your realtor to share the attached site plans with you. Lot behind home is vacant. MAJOR SYSTEMS: BLDG 1- HVAC, PLUMBING, ELECTRICAL AND ROOF REPLACED 2017, BLDG 2- PLUMBING & ELECTRICAL UPDATED, NEW HVAC IN C 2019 (unit D has wall units), NEW ROOF 2019.

Location

State FL

County Hillsborough

Community Ida Subdivision Revised Map

Area 33603 - Tampa / Seminole Heights

Zoning RS-50

Interior

Heating Central, None

Cooling Central Air, Mini-Split Unit(s)

Flooring Wood

Fireplace false

Appliance Electric Water Heater, Exhaust Fan, Microwave, Other, Range, Refrigerator

Laundry Inside, Laundry Closet, Laundry Room

Exterior

Exterior Feature Storage

Parking Features Assigned, Curb Parking, Driveway, None, Off Street, On Street

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

View City

Roof Type Metal,Shingle

Porch Covered, Front Porch, Patio, Porch, Rear Porch

Garage false

Private Pool No

Building

Lot Description City Limits, Near Public Transit

Entry Level Two

Foundation Crawlspace, Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Wood Frame

New Construction false

Construction Status Completed

Schools

Elementary Schools Edison-Hb

Middle Schools Mclane-Hb

High Schools Middleton-Hb

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Read Less Info

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Stellar MLS
Listed by Alicia Deer-Katz KELLER WILLIAMS REALTY SOUTH TAMPA
Bought with Robert Mitchell II CHARLES RUTENBERG REALTY INC
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