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Portfolio of Two 4-unit Multifamily Income Properties - Tampa and Clearwater, FL

Listing was updated on: 10/16/2019
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Property Overview

Price/Rent PSF $ 950,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 8,348
Date Available 10/16/2019
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Floors 2
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Description

Location
PORTFOLIO HAS 8 UNITS LOCATED AT TWO ADDRESSES: 4 units located at 3124 W Sligh Ave in Tampa for $499,000 and 4 units located at 220 Tulane Ave in Clearwater for $475,000

Sale
Upside Potential to Increase Rents and Returns! Great investment opportunity! Eight 2 bedroom/2 bathroom units (4 units located at 3124 W Sligh Ave in Tampa for $499,000 and 4 units located at 220 Tulane Ave in Clearwater for $475,000). All 8 units have been updated. All 8 units have tenants. 3124 W Sligh Ave 3124 W Sligh Ave Gross Annual Income: $50,328. 220 Tulane Ave Gross Annual Income: $48,540. Total Gross Income for both properties: $98,868. Total Annual Expenses: $29,022. Net Operating Income: $69,846.00. Each location has plenty of parking.

Location

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