Address
4911 TEMPLE HEIGHTS ROAD #AD Tampa, FL
Price
$ 835,000
Property Attributes
- MLS#U8107484
- TypeSingle Family
- CountyHILLSBOROUGH
- CityTampa
- AreaTampa - Temple Terrace
- NeighborhoodTemple Terraces
- Zip33617
- StyleMulti-Family
- Year Built1982
- Taxes5344
- Price$ 835,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6496
- Lot Size6,534 SqFt
Listing Provided Courtesy Of:
RMS ELITE PROPERTIES
Data Source:
Stellar MLS
Property Description
Don't look past these 8 Value Add Multifamily units in Tampa! The Property consists of two 4 unit buildings with below market rents and one vacancy. The Seller completed major renovations on each building, including but not limited to plumbing, HVAC, roof, bathrooms, and kitchen countertops. While both buildings still require some work to reach its fully stabilized value, this is the ideal investment for an investor willing to put in the work! Current Annual Scheduled Gross Income is $77,760, with a Pro Forma Gross Rental Income of $91,200 after rents are brought to a market value. All units except for one are occupied. An investor has the opportunity to stabilize the investment at a Prop Forma Cap Rate of around 6.35%.
| Price History | |
|---|---|
| 12/14/2020 | Listed $847,800 |
| 2/9/2021 | 2% - $835,000 |
General Features
| Additional Parcels Y/N | Yes |
|---|---|
| Business Type | Residential |
| Construction Materials | Stucco |
| Cooling | Central Air |
| MLS Area | 33617 - Tampa / Temple Terrace |
| Property SubType | Multi-Family |
| Property Type | Commercial Sale |
| Special Listing Conditions | None |
| Status | Active |
| Subdivision Name | TEMPLE TERRACES |
| Total Num Buildings | 2 |
| Township | 28 |
| Unit Number | AD |
| Year Built | 1982 |
| Zoning | RM-24 |
Interior Features
| Living Area | 6496.00 |
|---|
Exterior Features
| Building Area Total | 6496.00 |
|---|---|
| Foundation Details | Slab |
| Lot Size Acres | 0.15 |
| Lot Size Square Feet | 6711 |
| Number of Lots | 2 |
| Road Frontage Type | City Street, State Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 33617
Price
Taxes
Visits
Year Built
Walkscore
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