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Key Details
Sold Price $920,000
Property Type Residential Income
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,222 sqft
Price per Sqft $99
Subdivision Hamners W E Homestead Acres
MLS Listing ID U8069696
Year Built 1986
Annual Tax Amount $11,799
Lot Size 0.650 Acres
Property Description
CASH OFFERS ONLY!!! Tampa, Florida cash cow apartment complex. There are 12, two bedroom 1 bath apartments with 100% occupancy. The majority of the apartments have had water heaters and AC systems replaced and all units are in good shape. The location is great as it is near University Mall, USF Campus and on a bus line. Seller has individual water meters installed on each apartment, ready to pass water bill onto the tenants. This will generate close to another $1,000. each month. Your complex is completely fenced in with a security coded electric rolling steel gate. There are ample parking spaces for all the tenants and guests. Complex has an onsite storage building that houses extra maintenance items and an older surveillance camera system. Most of the tenants have been renting for years and love it here. COVID has not stopped these tenants from paying. SERIOUS BUYERS ONLY! Seller will retain 50% of EDM if the buyer doesn't close. This is not a fire sale, just a great deal for someone wanting great rental income!
Location
State FL
County Hillsborough
Community Hamners W E Homestead Acres
Zoning RMC-16
Interior
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile
Exterior
Exterior Feature Balcony, Fence, Lighting, Sidewalk
Parking Features Guest, Open
Community Features Sidewalks
Utilities Available Public
Roof Type Shingle
Building
Lot Description City Limits, Near Public Transit, Oversized Lot, Sidewalk
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Stucco,Wood Frame
New Construction false
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with CENTURY 21 COAST TO COAST