Active

$649,999

Features:
  • 8 Bedrooms
  • 4 Bathrooms
  • 2288 sq ft
Overview
  • ID: MFRTB8486065
  • Bedrooms: 8
  • Bathrooms: 4
  • Size: 2288 sq ft
Property Details
Remarks
Don’t miss this income-producing block duplex in a prime Tampa location! This property is a strong cash-flow investment with excellent rental income and future development potential. Three of the four units are currently rented for $1,400 a month, while one unit is vacant and ready to be rented at current market rates, offering immediate upside for investors. Situated on a large lot of nearly half an acre, the property also provides value-add potential, including the possibility to build an additional duplex in the future (buyer to verify with county). Each unit features separate water and electric meters, and tenants are responsible for their own lawn maintenance, helping keep operating expenses low. Recent updates include a new roof on one of the buildings, new flooring, fresh interior and exterior paint, and newer central A/C systems. Conveniently located less than 10 minutes from Downtown Tampa, Raymond James Stadium, Seminole Hard Rock Casino, and major highways I-4 and I-275, this property offers both strong current income and long-term appreciation potential.
Financial Considerations
Price:
$649,999
HOA Fee:
N/A
Tax Amount:
$3190.13
Price per SqFt:
$284.09
Tax Legal Description:
MONTANA CITY E 83.75 FT OF S 83.75 FT OF BLOCK 20 LESS RD R/W
Exterior Features
Lot Size:
17247
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1965
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sidewalk
Additional Features 2:
N/A
Map
  • Address
    3618 and 3616 E DR MARTIN LUTHER KING JR BLVD BLVD
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