UPDATED:
Key Details
Property Type Multi-Family, Duplex
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,715 sqft
Price per Sqft $268
Subdivision Tampa Overlook
MLS Listing ID TB8551670
Bedrooms 6
HOA Y/N No
Year Built 1990
Annual Tax Amount $5,150
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 68x140
Property Sub-Type Duplex
Source Stellar MLS
Property Description
Discover a strong investment opportunity at 1504 E Poinsettia Ave, Tampa, FL 33612. This fully occupied duplex sits in a high-demand Tampa rental market and features two income-producing 3-bedroom, 1-bathroom units. Both units have their own laundry room. With no HOA and no CDD, this is an easy add for a first-time investor or anyone expanding an existing portfolio. This is a cash cow.
Financial highlights
• Unit A: $2,066/month — lease through 04/30/2027
• Unit B: $1,995/month — lease expired 01/31/2025 (tenant in place)
• Total monthly income: $4,061
• Annual gross income: $48,732
Landlord responsibilities
• Water (average monthly bill: $250)
Tenant responsibilities
• Electricity
Stable tenants, solid cash flow, and house-hacking potential — live in one side and rent the other while building equity in Tampa. Don't miss it. Contact us today to schedule a showing. Roof was replaced in 2023
Located in the heart of Tampa Bay, close to shopping centers, USF, gyms, Publix, and Target. Walking distance to the bus, with easy access to I-275 and I-4, plus nearby Ybor City. About 35 minutes from Clearwater Beach, known worldwide for its white sandy beaches.
Location
State FL
County Hillsborough
Community Tampa Overlook
Area 33612 - Tampa / Forest Hills
Zoning RS-50
Interior
Interior Features Ceiling Fans(s), Window Treatments
Heating Central, Electric
Cooling Central Air
Fireplace false
Laundry Inside, Washer Hookup
Exterior
Exterior Feature Lighting
Community Features Street Lights
Utilities Available Electricity Available, Sewer Available, Water Available
View Y/N No
Water Access No
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Block, Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8551670
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