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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,820 sqft
Price per Sqft $265
Subdivision Temple Crest Unit 1
MLS Listing ID T3422042
Sold Date 03/13/23
Bedrooms 8
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1980
Annual Tax Amount $3,884
Lot Size 6,098 Sqft
Acres 0.14
Property Description
CASH COW ALERT! House hacking opportunity! Excellent investment property in a convenient location, near many local amenities. This property consists of four, 2 bed 1 bath apartments with ample parking for vehicles. This property is turn-key and has been extensively renovated inside and out with a clean 4 point available! Some of the major upgrades include New Dimensional Shingle Roof (2022), all four new HVAC units (2022), All new Impact windows and exterior doors, and freshly paved parking spaces. All 4 units have been thoroughly renovated with beautiful tile bathrooms, durable LVP flooring, new wood shaker cabinets, granite countertops and new stainless steel appliances. This quadruplex is a wonderful turnkey investment opportunity. 2 out of the 4 units have been leased, and currently accepting applications for the 3rd and 4th units. This investment is being offered at a projected 8%+ CAP Rate if self managed. Property has been professionally maintained and has been fully renovated in the last 6 months. Property is occupied and leases, accounts, and rent rolls can be provided at buyer's request. Multifamily opportunities in Tampa in this condition don't come around often. Don't miss out!
Location
State FL
County Hillsborough
Community Temple Crest Unit 1
Zoning RM-24
Interior
Interior Features Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
Heating Central
Cooling Central Air
Flooring Tile, Vinyl
Fireplace false
Appliance Electric Water Heater, Microwave, Range, Refrigerator
Exterior
Exterior Feature Awning(s), Sidewalk
Garage Driveway, Off Street, Parking Pad
Utilities Available Electricity Available, Public, Sewer Connected, Street Lights, Water Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Corner Lot, Paved
Foundation Block, Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block, Stucco
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Edward Peterson
Team Leader / Realtor/ Listing Specialist | License ID: SL3463440
Team Leader / Realtor/ Listing Specialist License ID: SL3463440