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Gelfand Realty Miami Properties - Multi Family

801 E 120TH, TAMPA, FL 33612

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Multi Family -

801 E 120TH, TAMPA, FL 33612

Sold Price$390,000 Asking Price$390,000

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  • Days on market:

    10 day(s)
  • Original Price:

    $390,000
  • Price per sqft:

    $62.18
  • Tax Legal Description:

    SYLVAN DALE LOTS 1 AND 2 AND N 14 FT OF LOTS 21 AND 22 BLK 11 LESS E 25 FT THEREOF
  • Tax Year:

    2015
  • Property Type:

    Multi Family
  • Parking:

    13 to 18 Spaces
  • Construction Type:

    StuccoBlock
  • Roof:

    ShingleGable/Hip
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    Carpet
  • Special Listing Conditions:

    None
  • Lot Features:

    Corner Lot Sidewalk

Description

$390,000 • living size area 6272 sqft

4-plex at 801 e. 120th ave & 4-plex at 11901 n. taliaferro ave, tampa, fl. these buildings are next to each other. 8-unit apartment complex. 2 2-story concrete block 4-plexes. each unit is 2br 1bath, 784sf. washer/dryer hookup; central heat & air. tenants pay electric. units are in very good condition. same owner since 1994. roof about 10 years old. rent schedule: 1-unit at $750/mo; 2-units at $700/mo; 4-units at $660/mo; 1-unit at $600/mo. gross income $64,680 per year less operating cost of $16,503 and $3,234 vacancy with a net operating income of $44,943 which equals a cap rate of 11.4. please note: 2015 taxes indicated are on both folio #021626-1000 and 021627-1000.

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