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Gelfand Realty Miami Properties - Multi Family

1904 E MULBERRY, TAMPA, FL 33604

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Multi Family - FERN CLIFF

1904 E MULBERRY, TAMPA, FL 33604

Sold Price$120,500 Asking Price$142,500

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  • Days on market:

    56 day(s)
  • Original Price:

    $142,500
  • Price per sqft:

    $156.25
  • Tax Legal Description:

    FERN CLIFF LOT 178
  • Tax Year:

    2018
  • Property Type:

    Multi Family
  • Parking:

    None Parking Pad
  • View:

    Water
  • Construction Type:

    Block
  • Roof:

    Shingle
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    ElectricWall Units / Window Unit
  • Exterior Features:

    Other
  • Special Listing Conditions:

    None

Description

$142,500 • living size area 912 sqft

Duplex consisting of two one bed one bath units. building updated with new kitchen cabinets/countertops, appliances, roof and luxury vinyl plank flooring. both units separately metered for electric (tenants responsible). current monthly rent of $695 and $775 ($1,470 total). total monthly rents can easily be increased to $1,550 with minimal capital expenditures. this affords a pro forma cap rate of over 10% (see attachment). do not disturb tenants.

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