Sold

1101 E LOTUS AVE

TAMPA FL, 33612

$875,000


$381.10 per sqft

Sold

2,296 sqft

Multi-family

Built in 1965

This listing consists of 5 Duplexes on 4 different parcels totaling 10 units - 8204 Hillsborough Lane, 8503 N Semmes Street, 8309 N Marks Street, and 1101-1107 Lotus Ave. All Properties are currently being used as rentals and are fully occupied. There is room to increase all rents to a market rate and yield a Cap Rate of around 7.25%, and a Going-In Cap Rate of 6.46%. Please email both listing agents for more information.

U8109192

MLS ID

January 6, 2021

Listed

February 15, 2024

Updated

Map

1101 E LOTUS AVE
TAMPA FL, 33612

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.24 Acres


Exterior Features

Other


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

33612 - Tampa / Forest Hills


Taxes

$3,875


Tax Frequency

Annually


Days on Market

84


Garage

No


View

No


County

Hillsborough


Municipality

28


Water Source

Public


Pool

No


Zoning

RS-50


Buyer Agency Compensation

3%

Listed by RMS ELITE PROPERTIES
Listing Contact: 404-786-5588 

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Data last updated 2/15/2024, 2:08 PM UTC

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