Sold

7 DUPLEX PORTFOLIO ST

TAMPA FL, 33612

$2,240,000


$1,309.94 per sqft

Sold

30 Beds

14 Baths

1,710 sqft

Multi-family

Built in 1988

*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)

T3506281

MLS ID

February 22, 2024

Listed

May 14, 2024

Updated

Map

7 DUPLEX PORTFOLIO ST
TAMPA FL, 33612

Interior Features

Total Stories

1


Bedrooms

30


Total Bathrooms

14


Interior Features

Open Floorplan


Appliances

Range, Refrigerator


Laundry Description

Inside, Outside


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Wall/Window Unit(s)


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.14 Acres


Exterior Features

Other


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

33612 - Tampa / Forest Hills


Taxes

$4,551


Tax Frequency

Annually


Days on Market

42


Garage

No


View

No


County

Hillsborough


Municipality

28


Water Source

Public


Pool

No


Zoning

RS-50


Buyer Agency Compensation

2% - $395

Listing History

Date

Event

Price

5/14/2024

Sold

$2,240,000

4/9/2024

Pending

Listed by COMPASS FLORIDA, LLC
Listing Contact: 212-913-9058 

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Data last updated 5/14/2024, 5:10 PM UTC

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