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Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,344 sqft
Price per Sqft $595
Subdivision Ruskin Colony Farms
MLS Listing ID U8007276
Sold Date 07/19/19
Construction Status Financing,Inspections
HOA Y/N No
Year Built 1989
Annual Tax Amount $2,434
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 90 x 160
Property Description
Great investment property that is 100% leased & consists of 6 duplexes for a total of 12 units (2bed / 1 bath), also a few empty lots where you can build up a few more duplexes or use for storage and is perfect for RVs or mobile homes. A little landscaping and some improvements could potentially increase your income as well as the value of this property even more. Tenant pays electric, cable. Most units have been renovated, great returns around 8.5% cap rate, double digits cash flow. (more than one parcel are included on this sale)
Location
State FL
County Hillsborough
Community Ruskin Colony Farms
Zoning RDC-12
Interior
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Storage
Utilities Available Public
Waterfront false
Garage false
Private Pool No
Building
Lot Size Range Two + to Five Acres
Sewer Private Sewer, Public Sewer
Water Private
Structure Type Block,Stucco
New Construction false
Construction Status Financing,Inspections
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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