$215,000

2010 E Waters Avenue

TAMPA FL, 33604

Description

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.

Details

MLS#O5850650
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1962
Days On Site21

Features

SQ Feet1,508
Units4
Building(s)2

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Area Information

StateFL
CountyHillsborough
CityTAMPA
Zip Code33604
Area33604 - Tampa / Sulphur Springs
Listing VS Median (in 33604)
Price:
$215,000
low | high
Med:
$215,000
50% of Average
SqFt:
1,508
low | high
Med:
1,357
60.013262599469% of Average
$ / SqFt:
$143
low | high
Med:
$160
37.479270315092% of Average
On Site:
21
low | high
Med:
47.5
44.210526315789% of Average
Listing Updated: 04/03/2020
MLS Number: O5850650
Listing Provided By:
Sam Ervin  of  FENSALIR REAL ESTATE SERVICES INC

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