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Key Details
Sold Price $220,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,208 sqft
Price per Sqft $99
Subdivision Sulphur Spgs Add
MLS Listing ID T3230101
Sold Date 09/18/20
HOA Y/N No
Year Built 1925
Annual Tax Amount $1,472
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50x95
Property Description
For sale is a 4 unit apartment building that is bringing in SERIOUS cash flow. Currently renting out rooms to individual tenants. The current layout is 3 rooms per unit with shared kitchen and bathroom. We are talking about 12 rooms that fill just as soon as one is emptied! The average rent for a room is $150 per WEEK... do the math!!
Agent is owner and currently managed out of state. The building operates very smoothly and most tenants pay via online payment systems but also has an on-site check deposit box. Installed a state of the art video surveillance that can be monitored remotely.
Management can be transitioned slowly if buyer needs to ease into this cash flow machine.
Lease option available with 10% down and monthly payments to be negotiated.
This area is ideal for rooms and there is a serious shortage of affordable housing. This property will not last at this cash flow. Priced to move quick!!
DO NOT DISTURB TENANTS... NOT AWARE OF SALE!!
Location
State FL
County Hillsborough
Community Sulphur Spgs Add
Zoning CG
Interior
Heating Central, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Awning(s)
Utilities Available Fiber Optics
Waterfront false
Roof Type Metal
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Wood Frame,Wood Siding
New Construction false
Others
Pets Allowed No
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Lease Option
Listing Terms Cash, Conventional, Lease Option
Special Listing Condition None
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Bought with CHARLES RUTENBERG REALTY INC
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