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Key Details
Sold Price $720,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,457 sqft
Price per Sqft $208
Subdivision Bloomingdale Villas Unit 1
MLS Listing ID T3348935
Sold Date 03/29/22
Construction Status Financing,Inspections
HOA Y/N No
Year Built 1985
Annual Tax Amount $7,498
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 100x140
Property Description
A rare and proven opportunity to purchase a quadruplex unit on a corner lot with no HOA or CDD. The building is currently vacant and undergoing some renovations to bring it to a standard enabling the FOUR - 2 Bed/2 Bath Units to attain between $1400 and $1500 per month income. The owner has made a decision to market the property in current condition and is willing to make an allowance against purchase price to a buyer wishing to undertake the final renovations and upgrades prior to letting. The property is capable of attaining a 7% CAP Rate.
Location
State FL
County Hillsborough
Community Bloomingdale Villas Unit 1
Zoning PD
Interior
Interior Features Ceiling Fans(s)
Heating Heat Pump
Cooling Central Air
Flooring Carpet, Tile
Furnishings Unfurnished
Fireplace false
Laundry Inside
Exterior
Exterior Feature Sliding Doors
Garage Guest, Off Street
Utilities Available Electricity Available, Electricity Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Financing,Inspections
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
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Bought with QUICKSILVER REAL ESTATE GROUP