[Address Hidden by Seller], Tampa, FL 33613
Photo 1 of 1
$88,500
Sold on 9/10/12
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
2 |
1.00 |
3,072 |
$1,148 |
1984 |
On the market:
37 days
|
View full details, 15 photos, school info, and price history
Investors dream property. Cash flow with over 25% cap rate after all expenses. Block quad-plex fully rented bringing $28,200 per year in rental income. One unit section 8 rented for $700 per month and other 3 units rented for $550 per month. Turn key cash producing income property. Clear title in hand ready to close. ONLY CASH OFFERS WITH QUICK CLOSING WILL BE CONSIDERED or 20% down using sellers private money lender. Call listing agent for details. Preferred long term strategy for the savvy investor would be to get all 4 units under section 8 and bring in $33,600 per year and raise the cap rate over 30%!!!!!!!!!
Listing courtesy of Joel Colley