$595,000 for Sale
3619 orient road , tampa, FL 33619
Beds 6 | Baths 5 | 2,504 Sqft | 0.84 Acres |
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Property Description
New Listing - 5 Unit Investment property with $6100/month income - Completely Occupied with long leases. Property Zoning allows for multi-family up to 10 units on this location with .84 acre lot in a prime location. Concrete block construction and slab foundation on the 4 units + single wide renovated mobile home in the back of the property. There is also a maintenance man that lives at the property in Unit D - he pays rent and paid for any services separately. The entire property is on Well & septic systems therefore the owner supplies Water, sewer, trash, electric, lawn & cable. Newer metal roof installed in 2016 and completely painted on the exterior in 2023. The 5th unit, the single wide mobile home that was completely renovated with new showers, tub, kitchen, appliances, flooring and paint this October and rents for $2000/m. Many of the other units have also been renovated. This is a turn key operation, in good condition with good long term tenants in a good location near major highways and lots of job opportunities including 5 minutes to the Hard Rock Casino. Rent analysis provided by the seller has the cap rate currently at 8.5%
General Information
Sale Price: $595,000
Price/SqFt: $238
Status: Active
MLS#: T3484482
City: tampa
Post Office: tampa
County: Hillsborough
Subdivision: easy way sub
Acres: 0.84
Bedrooms:6
Bathrooms:5
House Size: 2,504 sq.ft.
Acreage: 0.84 est.
Year Built: 1940
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Dirt
Garage: No
Construction: Metal Frame, Stucco, Vinyl Siding, Wood Frame
Exterior Misc: Fenced, Sidewalk
Basement: No
Foundation : Slab
Cooling: Wall/Window Unit(s)
Heating: Central, Electric
Waste: Septic Tank
Watersource: Well
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $7,071
Legal Description: EASY WAY SUBDIVISION LOT 7 LESS W 5 FT FOR R/W
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Angela Inzerillo of BLUE SUN REALTY LLC, Phone: 813-365-3370