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Multi Family 8 bedrooms - GRANT PARK for Sale

3406-3406 N 54TH #4, TAMPA, FL 33619

Asking Price$749,999 Change Price$50,000

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  • Days on market:

    215 day(s)
  • Original Price:

    $799,999
  • Price per sqft:

    $496.03
  • Tax Legal Description:

    GRANT PARK LOTS 10 AND 11 BLOCK 28
  • Tax Year:

    2023
  • Property Type:

    Multi Family
  • Construction Type:

    Block
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Electric
  • Interior Features:

    Kitchen/Family Room Combo
  • Exterior Features:

    Fenced
  • Special Listing Conditions:

    None

Description

$749,999 • eight bedroom(s) • living size area 1512 sqft

Income-producing quadplex – prime opportunity for real estate investors unlock the potential of this cash-flowing quadplex – a fantastic investment opportunity in a desirable location! this property consists of two buildings, each containing two rental units, and is fully occupied with tenants on month-to-month lease agreements, providing both steady income and flexibility. property highlights units: 4 units total across 2 buildings. current rents: two units at $1,685/month. one unit at $1,250/month. one unit at $1,000/month. utilities: 4 separate electric meters for tenant responsibility. 2 separate water meters to maximize cost efficiency. investment benefits turnkey income: fully occupied with tenants who pay on time, ensuring immediate cash flow. strong returns: property is structured to cash flow with a new loan. flexibility: month-to-month leases offer the ability to adjust rents or implement new strategies. diverse revenue streams: two buildings provide options for varied uses or further customization. additional details low maintenance: dependable property with solid rental history. scalable opportunity: perfect for first-time or seasoned investors looking to grow their portfolio. prime location: situated in a desirable area with rental demand and amenities nearby. this is a rare chance to acquire a cash-flowing investment property with excellent potential for increased profitability. whether you’re seeking a reliable income stream or planning for long-term appreciation, this quadplex is ready to deliver. contact us today to schedule a showing or to request additional information on this investment opportunity!

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