14 Hamilton Heath Drive, Tampa, Florida 33604

  • $824,000
  • $829,000

Overview

Property ID: HZT3456035
  • Quadruplex, Residential Income
  • Property Type
  • 3791 Sqft
  • Area Size

Description

This multifamily property is an absolute GEM — all units are oversized with spotless kitchens and bathrooms + beautiful hardwood floors and walk-in closets. Live in one unit and rent to wonderful, long-term tenants or keep renting all four units on this perfect street just minutes away from the river and Tampa’s best coffee shops, bars, and restaurants (10 minute drive to Armature Works). As an investment, the fourplex is a owner’s dream: with overwhelming demand for apartments (two 2/1s and two 1/1s) in Seminole Heights; the entire property was fenced and covered in pavers so no monthly landscaping required + no HOA; in 2021, electrical was completely replaced, trees were trimmed, and roof was recoated; tenants pay for utilities (monthly credit given for water) and washer/dryer already set-up for units; truly, this property has been meticulously maintained and the tenants are kind professionals who were well-vetted with average time in unit >5 years. Currently a 6.5% cap rate but close to 8% with at-markets rents. Managing the property is easy and headache-free. Looking for the right buyer who is excited about all the amazing things that will continue to come to Tampa. Will work with 1031 buyers who need timeline flexibility. Note: please respect the tenants and property. There are cameras covering the entire premises and no one is allowed on the property without the owner’s approval.

  • Address: 14 HAMILTON HEATH DRIVE
  • City: Tampa
  • State/county: FL
  • Zip/Postal Code: 33604
  • Country: US

Details

Updated on May 3, 2024 at 1:25 pm
  • Property ID HZT3456035
  • Price $824,000
  • Property Size 3791 Sqft
  • Land Area 0.14 Acres
  • Year Built 1926
  • Property Type Quadruplex, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Conventional, FHA
  • Roof Membrane
  • Utilities Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central
  • Flooring Ceramic Tile, Wood
  • County Hillsborough
  • Property Type Residential Income
  • Parking Driveway, Oversized

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Jamie Stevens

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