$1,400,000
$1,500,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
6,733 SqFt
SOLD DATE : 01/20/2022
Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,733 sqft
Price per Sqft $207
Subdivision Terrace Highlands
MLS Listing ID U8136279
Sold Date 01/20/22
Construction Status Inspections
HOA Y/N No
Year Built 1981
Annual Tax Amount $4,766
Lot Size 0.540 Acres
Acres 0.54
Lot Dimensions 157x153
Property Description
Located 10 minutes from USF, 15 minutes from down town Tampa, and 13 minutes from Brandon, 10 two bedroom one bath apartments made up of Two Triplexes and one Quad building. All apartments have ceramic tile and have been fully renovated with updated bathrooms and kitchens except one unit that still has carpet with a 35 year tenant. All units have central heat and air, metal roofs, outside landscaping, and there is a large storage unit for the owner. All rents are below market value with long term tenants in place, and currently in the area, rent is going for $1150-$1450/unit. Over the next five years, the potential rent could be increased to $1500 per unit. Meticulously maintained. DO NOT disturb the tenants. By appointment only.
Location
State FL
County Hillsborough
Community Terrace Highlands
Zoning RMC-12
Interior
Interior Features Eat-in Kitchen, Master Bedroom Main Floor, Solid Wood Cabinets, Thermostat, Window Treatments
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Appliance Electric Water Heater, Exhaust Fan, Range, Refrigerator
Exterior
Exterior Feature Awning(s), Fence, Lighting, Sidewalk, Storage
Parking Features Curb Parking, Off Street
Utilities Available Electricity Connected
Roof Type Metal
Porch Front Porch
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Construction Status Inspections
Others
Pets Allowed No
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other, Special Funding
Listing Terms Cash, Conventional, Other, Special Funding
Special Listing Condition None
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