Active

$350,000

Features:
  • 19 Bedrooms
  • 10 Bathrooms
  • 2488 sq ft
Overview
  • ID: MFRTB8411697
  • Bedrooms: 19
  • Bathrooms: 10
  • Size: 2488 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 [2709 SE 11th Ave Ruskin FL 33570] with a new septic system installed, contributing to a portfolio-wide pro forma CAP rate of 10% and immediate cash flow potential. The entire portfolio is 80% stabilized with upside through lease-up and potential rent increases. Whether you’re looking for a strong-performing individual rental or want to acquire all 10 units for scale and increased returns — this opportunity checks the boxes
Financial Considerations
Price:
$350,000
HOA Fee:
N/A
Tax Amount:
$4272
Price per SqFt:
$140.68
Tax Legal Description:
RUSKIN COLONY FARMS 1ST EXTENSION E 60 FT OF W 273 FT OF N 160 FT OF TRACT 500 LESS N 13 FT FOR ST AND A STRIP OF LAND DESC AS FOR A POINT OF REF COMM AT NW COR OF LOT 500 TH N 89 DEG E ALONG N LINE OF LOT 500 204.37 FT FOR POB TH CONT N 89 DEG E 8.6 3 FT TH S 160 FT TH S 89 DEG W 6.97 FT TH N 160 FT TO POB LESS N 13 FT FOR R/W
Exterior Features
Lot Size:
10019
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
19
Bathrooms:
10
Heating:
Electric
Cooling:
Ductless
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1976
Construction Type:
Block, Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    2709 11TH AVE SE
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