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3619 ORIENT ROAD

Multi-family For Sale
$595,000

BTC: 6.12176636

ETH: 170.95932605

-$200K (2024/05/28)
406 days
6 bds
2,504 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

New Listing - 5 Unit Investment property with $6100/month income - Completely Occupied with long leases. Property Zoning allows for multi-family up to 10 units on this location with .84 acre lot in a prime location. Concrete block construction and slab foundation on the 4 units + single wide renovated mobile home in the back of the property. There is also a maintenance man that lives at the property in Unit D - he pays rent and paid for any services separately. The entire property is on Well & septic systems therefore the owner supplies Water, sewer, trash, electric, lawn & cable. Newer metal roof installed in 2016 and completely painted on the exterior in 2023. The 5th unit, the single wide mobile home that was completely renovated with new showers, tub, kitchen, appliances, flooring and paint this October and rents for $2000/m. Many of the other units have also been renovated. This is a turn key operation, in good condition with good long term tenants in a good location near major highways and lots of job opportunities including 5 minutes to the Hard Rock Casino. Rent analysis provided by the seller has the cap rate currently at 8.5%

Location

Florida • TAMPA • 33619 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1940
Lot:
0.84 Acres
Heating:
Central / Electric
Price/sqft:
$238
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features

  • Heating

    • Central

    • Electric

    Cooling

    • Wall/Window Unit(s)

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 6

  • Property

    • Exterior Features: Fenced / Sidewalk

    Lot

    • Lot: 0.84 Acres

    Other Property Information

    • Parcel Number: U1129191N900000000007.0

    • Zoning: RDC-12

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Cable Connected

  • Other financial information

    • Annual tax amount: $7,071

  • Source details

    • MLS ID: T3484482

    Other facts

    • Construction Materials: Metal Frame / Stucco / Vinyl Siding / Wood Frame

    • Foundation Details: Slab

    • Living Area: 2504

    • Water Source: Well

    • Subdivision Name: EASY WAY SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BLUE SUN REALTY LLC