$500,000
$575,000
13.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
1,296 SqFt
SOLD DATE : 12/29/2022
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,296 sqft
Price per Sqft $385
Subdivision Terrace Highlands
MLS Listing ID T3385626
Sold Date 12/29/22
Bedrooms 8
HOA Y/N No
Originating Board Stellar MLS
Year Built 1983
Annual Tax Amount $2,390
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 51x141
Property Description
2 INCOME PRODUCING DUPLEXES. This excellent property, located in an opportunity zone, features 2 duplex units. Each duplex contains two, 2 bedroom, 1 bathroom apartments at 648sq ft each. This property is turnkey and fully occupied. This listing includes 2 parcels (9413 & 9415 Grandfield Road) and is being sold together with MLS #T3385684. Listing price is ONLY for these two parcels and not MLS #T3385684. Average rents for #T3385684 & T3385626 must be sold as group average rents $1,205. This is a great opportunity to own an investment property with a healthy CAP rate. 3 of the 4 units have be renovated with new flooring, updated kitchens & bathrooms. Mini-splits recently installed in 3 of the 4 units. Rental rates have room to be increased, see attached Rentometer. See attachments for offering memorandum, expenses, return rates, surveys, etc.
Location
State FL
County Hillsborough
Community Terrace Highlands
Zoning RDC-12
Interior
Interior Features Ceiling Fans(s)
Heating Wall Units / Window Unit
Cooling Mini-Split Unit(s), Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Private Mailbox, Storage
Garage Open
Utilities Available BB/HS Internet Available
Waterfront false
Roof Type Shingle
Parking Type Open
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with KELLER WILLIAMS ON THE WATER
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