UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,616 sqft
Price per Sqft $262
Subdivision Byars Revision Of Sunnyland Ac
MLS Listing ID TB8565766
Bedrooms 16
HOA Y/N No
Year Built 1981
Annual Tax Amount $17,736
Lot Size 0.520 Acres
Acres 0.52
Lot Dimensions 174x131
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Current ownership has invested extensively in property improvements, with an emphasis on quality materials, durability, and long-term value. Renovated units feature upgrades such as granite and quartz countertops, tile flooring, beautifully tiled tub surrounds, updated kitchens and bathrooms, and other modern finishes. Additional property improvements include replacement windows in numerous units, attractive black aluminum perimeter fencing, landscaping, and palm trees. Renovation levels and finishes vary by unit.
FOUR UNITS CURRENTLY OCCUPIED AND FOUR VACANT, providing the next owner with the flexibility to establish new leases at market rates while benefiting from existing rental income. Current occupied rents total $5,875 per month, with estimated market rental potential of $12,125 per month ($145,500 annually) at full occupancy. Unit A also has a scheduled rent increase during the second year of its lease. Tenants are responsible for their individual electric utilities, while ownership provides water and sewer service.
With its solid concrete-block construction, desirable all-2-bedroom unit mix, substantial owner improvements, and opportunity to increase occupancy and rental income, this property presents a compelling investment opportunity in Tampa's University Area. Offering Memorandum, rent roll, and additional financial information available upon request.
Location
State FL
County Hillsborough
Community Byars Revision Of Sunnyland Ac
Area 33613 - Tampa
Zoning RMC-20
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Stone Counters
Heating Electric, Ductless
Cooling Mini-Split Unit(s)
Flooring Ceramic Tile
Furnishings Unfurnished
Fireplace false
Appliance Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator
Laundry None
Exterior
Exterior Feature Fence, Lighting, Private Mailbox, Private Yard, Sidewalk
Parking Features Common, Guest, Off Street
Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Water Connected
View Y/N No
Water Access No
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Landscaped, Sidewalk, Paved
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
New Construction false
Schools
Elementary Schools Mort-Hb
Middle Schools Buchanan-Hb
High Schools Freedom-Hb
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Trade
Listing Terms Cash, Conventional, Trade
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8565766
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION