HUGE upside potential on this fully-occupied, centrally located Triplex with under-market rents. Immediate cash flow, and 2 units are leased on a MTM basis and the 3rd lease expires Aug 31, allowing for immediate rental increases. The property consists of a 2004 built duplex with each unit a 4 bedroom 2 bath, with 1,193 sq. ft. of living area, and a 1957 built SFR with 3 bedrooms, 1 bath, 864 sq. ft. of living area with a carport and a detached utility room. There is a large pavered driveway in front with plenty of room for parking. Each unit has private laundry with the duplex having laundry closets and the SFR having laundry in the utility room. Units are separately metered for electric (tenant responsibility) and owner water bills are low as the property is on Septic. The units sit on over 1/4 acre with a very large back yard. The duplex units also have private, fenced back yards. The duplex roof was installed in 2021 and the SFR roof was installed 2016. ACs for the SFR and Unit B of the duplex AC are new 2021. Unit A of the duplex will need to be replaced. Located close to I-4 between 75 and 275, you have easy access to all of Tampa Bay. Don't miss out!
MLS# | T3446798 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Pending |
Year | 1957 |
Days On Site | 479 |
Listing Provided By | DENNIS REALTY & INV. CORP. | Scott Robinson |
Bed(s) | 11 |
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Bath(s) | 5 |
SQ Feet | 3,251 |
Car Port | Yes |
Units | 3 |
Zoning | RDC-12 |
Acreage | 0.32 |
State | FL |
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County | Hillsborough |
City | TAMPA |
Zip Code | 33619 |
Area | 33619 Tampa | Palm River | Progress Village |
Community Name | LOCICERO COLUMBIA PARK |
Listing VS Median (in LOCICERO COLUMBIA PARK) | |
Price: $575,000 low | high Med: $462,500 SqFt: 3,251 low | high Med: 2,286 $ / SqFt: $177 low | high Med: $221 On Site: 479 low | high Med: 244.500000 |