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Gelfand Realty Miami Properties - Multi Family

6342 LAMBERT, NEW PORT RICHEY, FL 34652

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Multi Family - LAMBERT SUB

6342 LAMBERT, NEW PORT RICHEY, FL 34652

Date Sold 06-30-2017

Sold Price$300,000 Asking Price$349,000

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  • Days on market:

    97 day(s)

  • Original Price:

    $349,000

  • Price per sqft:

    $82.12

  • Tax Legal Description:

    LAMBERT SUB FIRST ADDITION PB 6 PG 54 LOT 7 OR 3552 PG 1326 OR 4299 PG 1371 OR 7938 PG 237

  • Tax Year:

    2016

  • Property Type:

    Multi Family

  • Parking:

    None

  • Lease Term Remaining:

    Month To Month

  • Construction Type:

    StuccoBlock

  • Roof:

    Shingle

  • Cooling Description:

    Central Air

  • Heating Description:

    ElectricCentral

  • Floor Description:

    CarpetVinylCeramic Tile

  • Interior Features:

    AtticCeiling Fan(s) Eating Space In Kitchen

  • Equipment/Appliances:

    Refrigerator Range

  • Special Listing Conditions:

    None

  • Lot Features:

    Corner Lot Irregular LotCity Lot Flood Plain

Description

$349,000 • living size area 4250 sqft

One duplex and one triplex for a total of five 2 bedroom, one bath units. appliances (range and refrigerator) in each unit. fully rented (average rent $625.00) with security deposits. annual leases required with month to month thereafter. tenants responsible for electric and water/sewer. off street parking. new shingled roof 2006. block/stucco storage building (10x20) at rear of property that was previously set up for coin operated washer/dryer. now being used as storage building for tenants. current market conditions indicate similar rentals demand $695.00 to $725.00 monthly, which could generate an additional 4,200.00 to $6,000.00 annually. coupled with an estimated real estate inflation rate at 8% for the tampa area makes this a great investment opportunity.

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