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Gelfand Realty Miami Properties - Multi Family

8724 N TAMPA, TAMPA, FL 33604

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Multi Family - MANOR HILLS

8724 N TAMPA, TAMPA, FL 33604

Sold Price$400,000 Asking Price$440,000

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  • Days on market:

    321 day(s)
  • Original Price:

    $440,000
  • Price per sqft:

    $161.47
  • Tax Legal Description:

    MANOR HILLS SUBDIVISION LOTS 1 TO 4 INCL BLOCK 7
  • Tax Year:

    2019
  • Property Type:

    Multi Family
  • Parking:

    CommonOff Street
  • Elementary School:

    Forest Hills-HB
  • Middle School:

    Adams-HB
  • Senior High School:

    Chamberlain-HB
  • Construction Type:

    Stucco
  • Roof:

    Shingle
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Wall Units / Window Unit
  • Floor Description:

    Carpet Tile
  • Exterior Features:

    Storage
  • Equipment/Appliances:

    Refrigerator Range
  • Special Listing Conditions:

    None

Description

$440,000 • living size area 2725 sqft

There are currently no income properties on the market like this one! very unique property near seminole heights and close to public transit/highways. this property is located on beautiful shaded lot (under mature oak trees) in a neighborhood off the main road. off street parking for tenants. property contains a duplex with 2beds/1bath on each side, and 4 stand alone units. because each unit is a stand alone home, tenants have privacy unavailable in other rental situations. these units are never vacant for long, they are in very high demand! some units are currently rented below market rent due to some long term tenants, but are due to be increased on sale/when lease expires.rent listed is expected amount. (3700 monthly or 44,400 annually) excellent property manager in place, who collects rent in person each month and handles any repairs for a low cost. tenants pay all their own utilities! roof is new on the duplex. units have been recently painted and the entire property has been tented for termites, with a policy that can be renewed each year. there has been extensive growth and development in the tampa area, causing this to be a hot market, and an excellent investment. partial seller financing available. multi-family units like this are rare, especially so close to the city! don’t miss out on this rare investment opportunity; it won’t last!

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