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Multi Family -

MAGPIE, LUTZ, FL 33559

Sold Price$464,000 Asking Price$499,900

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  • Days on market:

    175 day(s)
  • Original Price:

    $550,000
  • Price per sqft:

    $74.66
  • Tax Legal Description:

    See Attachments
  • Tax Year:

    2014
  • Property Type:

    Multi Family
  • Parking:

    13 to 18 Spaces
  • Lease Term Remaining:

    24 Months
  • Construction Type:

    StuccoFrameConcrete
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    Carpet Tile
  • Special Listing Conditions:

    None
  • Lot Features:

    Corner Lot Sidewalk Wooded Neighbourhood

Description

$499,900 • living size area 6696 sqft

Just reduced, owner wants to retire, so get ready to take over this 100% occupied positive rental cash flow investment, over 10% roi!! there are a total of seven units; one duplex on corner of tampa downs blvd and steel dust lane offers two 3/2 units built in 2003. the adjacent building on steel dust lane consists of five townhomes, with plenty of parking. and no association dues. all seven units have their own electric and water meters and tenants' pay for their own utilities. townhouses are three units of 3 bedrooms 1 1/2 bath, 1 unit 2 bedroom 1 1/2 bath and 1 unit with 1 bedroom 1 bath. duplex and five townhomes to be sold together, they will not be divided. easy commute to i-75, i-275, veterans expressway, hwy 54 and 56, and only minutes away from shopping, hospitals, new wiregrass mall and all local schools. great investment opportunity, 100% occupied, stable tenants, all executed annual leases!! no association dues. please do not disturb tenants, contact agent for exact property addresses.

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