2010 E Waters Ave., Tampa, FL 33604

2010 E Waters Ave., Tampa, FL 33604
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$198,000
Sold on 5/01/20
Beds Baths Sq. Ft. Taxes Built
0.00 1,508 $1,639 1962
On the market: 46 days
View full details, 15 photos, school info, and price history
HIGH CASH-FLOWING QUADPLEX with brand new roofs, updated vinyl flooring, updated kitchens with new appliances, and bathroom fixtures. Current monthly rents total $2,450. Tenants responsible for electric and owner pays water, sewer, trash. Average monthly bill from City of Tampa only around $100. Still plenty of opportunity to optimize future rent prices. This affords a pro forma cap rate of 10% (see attached documents). Major value added if new owner were to split water meters. This is the perfect opportunity to add to your portfolio. Property is being sold "as-is" with right to inspect.
Listing courtesy of Sam Ervin, SOUTH CEDAR REAL ESTATE, INC