New Listing - 5 Unit Investment property with $6100/month income - Completely Occupied with long leases. Property Zoning allows for multi-family up to 10 units on this location with .84 acre lot in a prime location. Concrete block construction and slab foundation on the 4 units + single… Read More wide renovated mobile home in the back of the property. There is also a maintenance man that lives at the property in Unit D - he pays rent and paid for any services separately. The entire property is on Well & septic systems therefore the owner supplies Water, sewer, trash, electric, lawn & cable. Newer metal roof installed in 2016 and completely painted on the exterior in 2023. The 5th unit, the single wide mobile home that was completely renovated with new showers, tub, kitchen, appliances, flooring and paint this October and rents for $2000/m. Many of the other units have also been renovated. This is a turn key operation, in good condition with good long term tenants in a good location near major highways and lots of job opportunities including 5 minutes to the Hard Rock Casino. Rent analysis provided by the seller has the cap rate currently at 8.5% Read Less
Courtesy of BLUE SUN REALTY LLC Angela Inzerillo 813-365-3370
Listing Snapshot
Days Online
371
Last Updated
Property Type
Multi-Family
Beds
6
Square Ft.
2,504
Lot Size
0.84 Acres
Year Built
1940
MLS Number
T3484482
Additional Details
Building
Living Area Meters: 232.63, Total Number of Buildings: 3, Unit Count: 5, Building Area Units: Square Feet, Construction Materials: "Metal Frame", "Stucco", "Vinyl Siding", "Wood Frame", Living Area: 2504, Number Of Units Total: 5, Year Built: 1940
Expenses
Total Monthly Expenses: $16,443
Lot
Lot Size Square Meters: 3415, Total Acreage: 1/2 to less than 1, 0.84 acres, 36756 square feet
Property Access
Road Surface: "Dirt"
Cooling
Cooling: "Wall/Window Unit(s)"
Exterior Features
Exterior Features: "Fence", "Sidewalk"
Foundation
Foundation Details: "Slab"
Heating
Heating: "Central", "Electric"
Income
Gross Income: 73200
Interior Features
Interior Features: "Ceiling Fans(s)"
Property
Zoning: RDC-12
Roof
Roof: "Metal", "Shingle"
Sewer
Sewer: "Septic Tank"
Utilities
Utilities: "Cable Connected", Water Source: "Well"
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