201 Glendale Drive, Brandon, Florida 33511
- $550,000
Overview
- Triplex, Residential Income
- 5
- 5
- 2819 Sqft
Description
MULTIPLE OFFERS! HIGHEST AND BEST BY 7PM SUNDAY. Welcome to this exceptional income-producing triplex nestled in the heart of Brandon – a rare gem as these almost never come up for sale. This property is a true cash cow, offering savvy investors an incredible opportunity to pick up an estimated whopping 9% net cap rate with long term rentals, and much more with the existing vacation rentals. With two 2-bedroom, 2-bathroom units and one 1-bedroom, 1-bathroom unit, each boasting its own private backyard, laundry room, and spacious kitchen, this triplex promises comfortable living for tenants and an attractive rental income for you. This property would even be great to live in one unit and let the other units pay for your mortgage. This triplex has been diligently cared for. Currently, two of the units are utilized as vacation rentals, tapping into the lucrative short-term rental market, while the third unit is occupied by a long-term tenant on a month-to-month lease, providing a very stable income stream. Located in the thriving community of Brandon, this triplex enjoys a prime location where multifamily properties rarely become available. Investors looking to capitalize on a strong rental market and secure long-term returns need not look further. Don’t miss your chance to own this income-producing triplex in a highly sought-after area. It’s not just a property; it’s an investment opportunity that rarely comes along. Act fast and make this cash cow your next real estate success story! Owner may also be willing to sell all the furniture in the 2 vacation rental units at an additional price, ask for details.
Address
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Address: 201 GLENDALE DRIVE
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City: Brandon
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State/county: FL
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Zip/Postal Code: 33511
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Area: UNPLATTED
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Country: US
Details
Updated on October 28, 2023 at 4:32 am-
Property ID HZT3475949
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Price $550,000
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Property Size 2819 Sqft
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Land Area 0.22 Acres
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Bedrooms 5
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Bathrooms 5
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Year Built 1979
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Property Type Triplex, Residential Income
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Property Status Canceled
Additional details
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Listing Terms Cash, Conventional
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Roof Shingle
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Utilities Public
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Sewer Septic Tank
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Cooling Central Air, Mini-Split Unit(s)
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Heating Central, Wall Units / Window Unit
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County Hillsborough
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Property Type Residential Income
Features
Mortgage Calculator
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