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3715 66TH AVENUE N

Commercial Recently Sold
$1,999,000

BTC: 20.23203175

ETH: 591.09484130

Sold on: 2021-01-04
46 days
0 room(s)
15,680 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

20 units 2 bed./1 bath, ten duplexes adjacent to each one, fully occupied, solid block concrete, located on the whole street from 37th st to 38th st on 66th Ave N, 0n the north side of the Ave, walking distance to one of the most beautiful Mall, parkside Mall, 5 minutes to HWY 275 which takes within 15 minutes to Tampa International Airport, 15 minutes to the most beautiful beach, 12 minutes to Downtown St Pete. The Owner bought it 20 years ago with a rent $750/ Month, never rise up the rent, at the time average rent for 2 bed 1 bath $1000 to $1300, the current rent much below market value, for the new owner to adjusted at least $1000/month, then you have a Cap Rate above 8% with the full price, very low maintenance building with very low expenses, Tenants pay, water, electricity, dumpster, owner pays Tax, Insurance, Management, & Maintenance, easy to finance with 30% to 35% down payment.just apprased the full price, Owner in his way to change the Roof for three Duplexes, we are selling $97,500 / Unit at the time market value in our area $120k/unit to $135K/unit, please do not disturb tenants, call agent, showing after executed contract, all the units a like 2/1

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1983
Lot:
0.15 Acres
Heating:
No Data
Price/sqft:
$124
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Cooling

    • Central Air

  • Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 343016882720020150

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Other financial information

    • Annual tax amount: $2,900

  • Source details

    • MLS ID: U8091457

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Slab

    • Living Area: 15680

    • Lot Size Dimensions: 50 x 135

    • Subdivision Name: SUNSET VIEW

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