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$325,000

3616 E Dr Martin Luther King Jr Boulevard Tampa, FL 33610 Multi Unit - Multiple Active

  • 3616 E Dr Martin Luther King Jr Boulevard, Tampa, FL 33610 Main Photo

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Description

Don't miss this income-producing block duplex located in a prime Tampa location. This property is a true cash-flow investment with strong rental potential and future development upside.One unit is currently rented for $1,400 per month, while the second unit is vacant and ready to be rented at current market rates, offering immediate upside for investors.Situated on a large 0.24-acre lot, this property also offers value-add potential, with the possibility to build an additional duplex in the future (buyer to verify with county).Each unit features separate water and electric meters, and tenants are responsible for their own lawn maintenance, helping keep operating expenses low.This can be purchased with neighboring duplex 3618 E dr mlk blvd, making it a prime quadruplex investment

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.24 Acres
Roof Type: Shingle
Taxes: $3,778
Year Built: 1965

General Information

Sqft: 1,144
County: Hillsborough
Subdivision: MONTANA CITY
Listed By:
Hachem Fariad YOU FIRST REALTY AND ASSOC LLC 813-458-6686

Amenities

Ceiling Fans(s)
Sidewalk

Property Features

Annual Net Income: 28554.00
Days on Site: 2
Directions: Left on 37th st
Exterior: Block
Flood Zone Code: x
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.24
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Before Showing, Combination Lock Box
Special Sale Provisions: None
Units: 2
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: CI
$325,000
1,144sqft
New to the Market Active
BEDS0 BATHS SQUARE FEET1,144 MLS#TB8484509
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMONTANA CITY

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3616 E Dr Martin Luther King Jr Boulevard, Tampa, FL 33610.

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Estimated Payment

$ 1,505.80 per month $1,096.17 Principal & Interest $314.83 Property Tax $94.79 Homeowner's Insurance

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