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Gelfand Realty Miami Properties - Multi Family

8422 N 16TH, TAMPA, FL 33604

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Multi Family - OAK TERRACE REV OF

8422 N 16TH, TAMPA, FL 33604

Sold Price$153,800 Asking Price$168,900

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  • Days on market:

    62 day(s)
  • Original Price:

    $169,900
  • Price per sqft:

    $107.85
  • Tax Legal Description:

    OAK TERRACE REVISED PLAT OF LOTS 171 AND 172 AND E 1/2 CLOSED ALLEY ABUTTING THEREON
  • Tax Year:

    2019
  • Property Type:

    Multi Family
  • Parking:

    Driveway OpenOff Street Parking Pad
  • Elementary School:

    Sulphur Springs-HB
  • Senior High School:

    Chamberlain-HB
  • Lease Term Remaining:

    12 Months
  • Construction Type:

    Block
  • Roof:

    Shingle
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Other
  • Exterior Features:

    Lighting Rain Gutters Fenced
  • Special Listing Conditions:

    None

Description

$168,900 • living size area 1566 sqft

Great cash cow offered at 9% cap rate with minimal expenses! income producing and fully occupied duplex available in the heart of tampa with long-term tenants that have been renting these two units for several years. both units are 2 bedrooms with 1 bathroom and a full kitchen. both leases has been recently renewed until february / march of 2021 at $795 and $785/month. new roof installed in early 2018. tenants pay electric, water, trash removal, cable and internet.

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