Address
4911 TEMPLE HEIGHTS ROAD #AD Tampa, FL
Price
$ 835,000
Property Attributes
  • MLS#U8107484
  • TypeSingle Family
  • CountyHILLSBOROUGH
  • CityTampa
  • AreaTampa - Temple Terrace
  • NeighborhoodTemple Terraces
  • Zip33617
  • StyleMulti-Family
  • Year Built1982
  • Taxes5344
  • Price$ 835,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6496
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
RMS ELITE PROPERTIES
Data Source:
Stellar MLS
Property Description

Don't look past these 8 Value Add Multifamily units in Tampa! The Property consists of two 4 unit buildings with below market rents and one vacancy. The Seller completed major renovations on each building, including but not limited to plumbing, HVAC, roof, bathrooms, and kitchen countertops. While both buildings still require some work to reach its fully stabilized value, this is the ideal investment for an investor willing to put in the work! Current Annual Scheduled Gross Income is $77,760, with a Pro Forma Gross Rental Income of $91,200 after rents are brought to a market value. All units except for one are occupied. An investor has the opportunity to stabilize the investment at a Prop Forma Cap Rate of around 6.35%.

Price History
12/14/2020 Listed $847,800
2/9/2021 2% - $835,000

General Features

Additional Parcels Y/N Yes
Business Type Residential
Construction Materials Stucco
Cooling Central Air
MLS Area 33617 - Tampa / Temple Terrace
Property SubType Multi-Family
Property Type Commercial Sale
Special Listing Conditions None
Status Active
Subdivision Name TEMPLE TERRACES
Total Num Buildings 2
Township 28
Unit Number AD
Year Built 1982
Zoning RM-24

Interior Features

Living Area 6496.00

Exterior Features

Building Area Total 6496.00
Foundation Details Slab
Lot Size Acres 0.15
Lot Size Square Feet 6711
Number of Lots 2
Road Frontage Type City Street, State Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33617

Price
AVG $310K
$840K
Taxes
AVG $4,528
$5,344
Visits
AVG 115
240
Year Built
AVG 1974
1982
Walkscore
AVG 70
70
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.