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$649,999

3618 And 3616 E Dr Martin Luther King Jr Blvd Boul Tampa, FL 33610 Multi Unit - Multiple Active

  • 3618 And 3616 E Dr Martin Luther King Jr Blvd Boul, Tampa, FL 33610 Main Photo

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Description

Don't miss this income-producing block quadruplex in a prime Tampa location! This property is a strong cash-flow investment with excellent rental income and future development potential.All units are rented out for totaling of $5674 a month and $67764, offering and attractive return on the investment and immediate upside for investors.Situated on a large lot of nearly half an acre, the property also provides value-add potential, including 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.Recent updates include a new roof on one of the buildings, new flooring, fresh interior and exterior paint, and newer central A/C systems.Conveniently located less than 10 minutes from Downtown Tampa, Raymond James Stadium, Seminole Hard Rock Casino, and major highways I-4 and I-275, this property offers both strong current income and long-term appreciation potential.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.40 Acres
Roof Type: Shingle
Taxes: $3,190
Year Built: 1965

General Information

Bedrooms: 8
Sqft: 2,288
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: 59411.00
Days on Site: 4
Directions: left on 37th st
Exterior: Block
Flood Zone Code: x
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.4
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent, Combination Lock Box
Special Sale Provisions: None
Units: 2
Utilities: Electricity Available
Water: Public
Water Access Y/N: No
Zoning: CI
$649,999
8beds
2,288sqft
New to the Market Active
BEDS8 BATHS SQUARE FEET2,288 MLS#TB8486065
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMONTANA CITY

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3618 And 3616 E Dr Martin Luther King Jr Blvd Boul, Tampa, FL 33610.

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Estimated Payment

$ 2,647.76 per month $2,192.34 Principal & Interest $265.83 Property Tax $189.58 Homeowner's Insurance

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