1101 E LOTUS AVENUE, TAMPA FL 33612 1101 E LOTUS AVENUE, TAMPA FL 33612 1101 E LOTUS AVENUE, TAMPA FL 33612 1101 E LOTUS AVENUE, TAMPA FL 33612
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$899,000
84 days
Active With Contract β€’ 0 BEDS β€’ 0 BATHS β€’ 2,296 SQFT
Price cut: -$8M / -90.23% (2021/02/05)

1101 E LOTUS AVENUE, TAMPA FL 33612

Florida β€’ TAMPA β€’ 33612 β€’ Active With Contract

Overview

This listing consists of 5 Duplexes on 4 different parcels totaling 10 units – 8204 Hillsborough Lane, 8503 N Semmes Street, 8309 N Marks Street, and 1101-1107 Lotus Ave. All Properties are currently being used as rentals and are fully occupied. There is room to increase all rents to a market rate and yield a Cap Rate of around 7.25%, and a Going-In Cap Rate of 6.46%. Please email both listing agents for more information.

Facts and features

Type:
Residential Income
Year Built:
1965
Heating:
• Other
Cooling:
• Wall/Window Unit(s)
Parking:
No Data
Lot:
0.24
Price/sqft:
$392

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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 Β©2021-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: RMS ELITE PROPERTIES