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Key Details
Sold Price $920,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,222 sqft
Price per Sqft $99
Subdivision Hamners W E Homestead Acres
MLS Listing ID U8069678
Sold Date 09/04/20
Construction Status Inspections
HOA Y/N No
Year Built 1986
Annual Tax Amount $11,799
Lot Size 0.650 Acres
Acres 0.65
Property Description
CASH OFFERS ONLY!!! Tampa, Florida cash cow apartment complex. There are 12, two bedroom 1 bath apartments with 100% occupancy. The majority of the apartments have had water heaters and AC systems replaced and all units are in good shape. The location is great as it is near University Mall, USF Campus and on a bus line. Seller has individual water meters installed on each apartment, ready to pass water bill onto the tenants. This will generate close to another $1,000. each month. Your complex is completely fenced in with a security coded electric rolling steel gate. There are ample parking spaces for all the tenants and guests. Complex has an onsite storage building that houses extra maintenance items and an older surveillance camera system. Most of the tenants have been renting for years and love it here. COVID hasn't stopped these tenants from paying their rent on time. SERIOUS BUYERS ONLY! Seller will retain 50% of EDM if the buyer doesn't close. This is not a fire sale, just a great deal for someone wanting great rental income!
Location
State FL
County Hillsborough
Community Hamners W E Homestead Acres
Zoning RMC-16
Interior
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile
Exterior
Garage 19 to 30 Spaces, Secured
Community Features Sidewalks
Utilities Available Public
Waterfront false
Roof Type Shingle
Parking Type 19 to 30 Spaces, Secured
Building
Lot Description Fire Hydrant, City Limits, Sidewalk
Story 2
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Structure Type Stucco,Wood Frame
New Construction false
Construction Status Inspections
Others
Pets Allowed No
Ownership Sole Proprietor
Special Listing Condition None
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Bought with CENTURY 21 COAST TO COAST