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$298,000 • living size area 3132 sqft
Excellent income opportunity, two adjacent duplex buildings (1726 & 1728 e mulberry dr) for a total of 4 units (all 2 bed / 1 bath), selling as a package. units have ceramic tile floors throughout. tenants pay all utilities since separately metered. 2 of the units are rented to section 8 tenants with rents at $875/month. the remaining 2 units are rented at $700 & $800/month. current contract gross income of $39,000/year for all 4 units. attainable gross rents of $42,000/year if move all tenants over to section 8. this affords a cap rate of 11.5% at a pro forma net annual income of $34,634. do not disturb tenants.Multi Family - FERN CLIFF
1726 AND 1728 E MULBERRY #AB, TAMPA, FL 33604
Date Sold 05-21-2018
Sold Price$280,000 Asking Price$298,000
Share by:
- Living 3132sqft
- Lot size 6000sqft
- Taxes: Register to see
- Year Built 1984
-
Days on market:
5 day(s) Original Price:
$149,000-
Price per sqft:
$95.15 Tax Legal Description:
FERN CLIFF LOT 359Tax Year:
2017-
MLS:
T2934957 -
Property Type:
Multi Family -
Parking:
None On Street Open In Garage
Lease Term Remaining:
24 MonthsConstruction Type:
StuccoBlockRoof:
ShingleCooling Description:
Central AirHeating Description:
CentralFloor Description:
Ceramic TileEquipment/Appliances:
Refrigerator RangeSpecial Listing Conditions:
None
Description
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