$1,500,000

Features:
  • 16 Bedrooms
  • 8 Bathrooms
  • 5160 sq ft
Overview
  • ID: MFRO6293394
  • Bedrooms: 16
  • Bathrooms: 8
  • Size: 5160 sq ft
Property Details
Remarks
This fantastic investment opportunity has a 7.1 cap rate and significant potential for improvements and increased income. It consists of four duplexes (8 units) in the desirable Ybor City, just a block from the historic Ybor City area, which offers shopping, restaurants, and entertainment. Thus, it is a sought-after location for quality tenants. Five units have been fully remodeled, each equipped with three mini-split air conditioning and inside washer and dryers. One unit has been partially remodeled, another has had mini-split air conditioners added, and one unit has not been remodeled because the tenant opted to stay and pay lower rent, using their own window ACs for cooling.
Financial Considerations
Price:
$1,500,000
HOA Fee:
N/A
Tax Amount:
$12530
Price per SqFt:
$290.7
Tax Legal Description:
YBOR CITY PLAN OF AN ADDITION E 26 FT OF LOT 6 1/2 & LOTS 7 7 1/2 8 & 8 1/2 & W 2 FT OF LOT 9 BLOCK 124
Exterior Features
Lot Size:
20320
Lot Features:
City Limits, Near Public Transit, Oversized Lot, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Off Street
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
16
Bathrooms:
8
Heating:
Electric
Cooling:
Mini-Split Unit(s)
Appliances:
Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Hardwood, Tile
Levels:
One
Additional Features
Property Sub Type:
Multi-Family
Style:
N/A
Year Built:
1953
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Fence, Private Mailbox
Additional Features 2:
N/A
Map
  • Address
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