409 E Floribraska Avenue, Tampa, Florida 33603
- $799,000
- $899,000
409 E Floribraska Avenue, Tampa, Florida 33603
- $799,000
- $899,000
Overview
- Quadruplex, Residential Income
- 11
- 10
- 3129 Sqft
Description
Recently renovated quad 1 mile from downtown Tampa in the highly coveted Tampa Heights. The property consists of 2 duplexes on the same parcel for a total of 4 units, (3) 1 bedroom/1 bath units & (1) 2 bedroom/1 bath unit. The 2-story duplex in the back is concrete block with a new roof in 2023, a 2-bedroom unit and a 459 SF storage room that could be converted to rentable space. The 2-bedroom unit is 918 SF and is currently rented for $1, 800/mo. The 1-bedroom unit is currently rented for $1, 400/mo. The bungalow duplex in the front houses 2 1-bedroom units with a large front porch and lots of curb appeal. One unit is rented for $1, 500/mo and the other is recently vacant and will also rent for $1, 500/mo. The total monthly rent is $6, 200 and annual rent is $74, 400 resulting in 7% cap rate with opportunity to add value with storage space conversion to rentable space. The units feature stainless steel appliances, in unit laundry, waterproof LVP flooring, a metal roof on the bungalow, new roof on the 2-story building, central air in 2 units, upgraded cabinets, & granite countertops. There is a large off-street parking area for 10 cars in between the 2 buildings and a private yard behind the back building. Also, the back building was fumigated in 2023 and all plumbing and electrical has been updated over the past several years.
Address
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Address: 409 E FLORIBRASKA AVENUE
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City: Tampa
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State/county: FL
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Zip/Postal Code: 33603
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Country: US
Details
Updated on January 31, 2024 at 8:22 pm-
Property ID HZU8220072
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Price $799,000
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Property Size 3129 Sqft
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Land Area 0.24 Acres
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Bedrooms 11
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Bathrooms 10
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Year Built 1910
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Property Type Quadruplex, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Conventional
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Roof Metal, Shingle
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Utilities Electricity Connected, Sewer Connected, Water - Multiple Meters
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Sewer Public Sewer
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Cooling Central Air, Wall/Window Unit(s)
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Heating Central, Wall Units / Window Unit
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Flooring Vinyl
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County Hillsborough
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Property Type Residential Income
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Parking Open
Features
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