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$749,000 • living size area 3456 sqft
New roof and completely renovated unit leased at market rate! value add property. excellent income opportunity 2 duplex buildings in the heart of south tampa! all units are very easily rentable as in highly desirable area in growing port tampa; close to westshore yacht club and westshore marina district. 3 of the tenants are long-standing tenants with more dated apartments, so room to maximize rents and create more value. each unit has a large 1,700 sq ft garage. there may even be opportunity to convert these into more apartments. tenants pay for water, sewer, electricity and garbage. current contracted gross rental income is $54,000/year. attainable gross rents of $67,200/year, based on increasing tenants to market rent of $1400/month. this affords a cap rate of 7% at a pro forma noi of $52,008/year. see attached pro forma and rent roll. do not disturb tenants.Multi Family - WEST PORT
6602 AND 6604 S JUANITA, TAMPA, FL 33616
Date Sold 06-28-2021
Sold Price$700,000 Asking Price$749,000
Share by:
- Living 3456sqft
- Lot size 10500sqft
- Taxes: Register to see
- Year Built 1983
-
Days on market:
8 day(s) Original Price:
$749,000-
Price per sqft:
$216.72 Tax Legal Description:
WESTPORT LOTS 15 AND 16 AND W 1/2 OF CLOSED ALLEY ABUTTING ON E AND S 30 FT CLOSED ST ABUTTING LOT 16 ON N BLOCK 18Tax Year:
2020-
MLS:
T3304083 -
Property Type:
Multi Family -
Parking:
Parking Pad
Elementary School:
West Shore-HBMiddle School:
Monroe-HBSenior High School:
Robinson-HB
Lease Term Remaining:
12 MonthsConstruction Type:
BlockRoof:
ShingleCooling Description:
Central AirHeating Description:
CentralFloor Description:
VinylCeramic TileExterior Features:
BalconyAwning(s)Equipment/Appliances:
RangeSpecial Listing Conditions:
NoneLot Features:
Cul-De-Sac Street Dead-End
Description
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