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$835,000 • living size area 6496 sqft
Don't look past these 8 value add multifamily units in tampa! the property consists of two 4 unit buildings with below market rents and one vacancy. the seller completed major renovations on each building, including but not limited to plumbing, hvac, roof, bathrooms, and kitchen countertops. while both buildings still require some work to reach its fully stabilized value, this is the ideal investment for an investor willing to put in the work! current annual scheduled gross income is $77,760, with a pro forma gross rental income of $91,200 after rents are brought to a market value. all units except for one are occupied. an investor has the opportunity to stabilize the investment at a prop forma cap rate of around 6.35%.Multi Family - TEMPLE TERRACES
4911 TEMPLE HTS #AD, TAMPA, FL 33617
Date Sold 07-16-2021
Sold Price$800,000 Asking Price$835,000
Share by:
- Living 6496sqft
- Lot size 6711sqft
- Taxes: Register to see
- Year Built 1982
-
Days on market:
120 day(s) Original Price:
$847,800-
Price per sqft:
$128.54 Tax Legal Description:
TEMPLE TERRACES W 53.69 FT OF E 107.38 FT OF N 125 FT OF LOT 32Tax Year:
2020-
MLS:
U8107484 -
Property Type:
Multi Family
Construction Type:
StuccoCooling Description:
Central AirSpecial Listing Conditions:
None
Description
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