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Gelfand Realty Miami Properties - Multi Family

1611 E MARKS, TAMPA, FL 33604

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Multi Family - FERN CLIFF

1611 E MARKS, TAMPA, FL 33604

Sold Price$300,000 Asking Price$315,000

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  • Days on market:

    64 day(s)
  • Original Price:

    $329,000
  • Price per sqft:

    $105
  • Tax Legal Description:

    FERN CLIFF LOT 85
  • Tax Year:

    2016
  • Property Type:

    Multi Family
  • Parking:

    NoneAssigned Guest
  • Construction Type:

    Block
  • Roof:

    Metal
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    Ceramic Tile
  • Equipment/Appliances:

    Refrigerator Range
  • Special Listing Conditions:

    None

Description

$315,000 • living size area 3000 sqft

Excellent income opportunity, two adjacent buildings (1611 and 1613 marks dr), recently updated with new roofs and new windows. total of 4 units, each consisting of 1st building: 2x2 bed, 1 bath and 2nd building: 2x2 bed, 1 bath units. private parking for 4 cars each unit. attainable gross income of $3,300 per month, $39,300 per annum. this affords a cap rate return of 9% at a net annual income of $30,216. proforma statement available upon request.

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