Active

$399,000

Features:
  • 14 Bedrooms
  • 6 Bathrooms
  • 2429 sq ft
Overview
  • ID: MFRTB8411701
  • Bedrooms: 14
  • Bathrooms: 6
  • Size: 2429 sq ft
Property Details
Remarks
Investor Opportunity! This property is part of a 4-property, 10-unit portfolio available individually or as a complete package. Located in the Gibsonton/Ruskin area, all properties are within 20 minutes of each other, making it an ideal setup for efficient management. This specific property offers a new septic system installed, contributing to a portfolio-wide pro forma CAP rate of 10% and immediate 6-FIGURE cash flow. The entire portfolio is 80% stabilized with upside through lease-up and potential rent increases.
Financial Considerations
Price:
$399,000
HOA Fee:
N/A
Tax Amount:
$3023
Price per SqFt:
$164.27
Tax Legal Description:
GIBSONTON ON THE BAY 3RD ADDITION LOTS 217 AND 218 LESS RD'S R/W
Exterior Features
Lot Size:
9545
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
14
Bathrooms:
6
Heating:
Electric
Cooling:
Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1958
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    6204 GIBSONTON DR
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