3406-3406 N 54TH ST #4 Tampa, FL 33619
8 Beds
4 Baths
1,512 SqFt
UPDATED:
01/22/2025 07:58 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,512 sqft
Price per Sqft $496
Subdivision Grant Park
MLS Listing ID T3542963
Bedrooms 8
HOA Y/N No
Originating Board Stellar MLS
Year Built 1985
Annual Tax Amount $6,611
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Unlock the potential of this cash-flowing quadplex – a fantastic investment opportunity in a desirable location! This property consists of two buildings, each containing two rental units, and is fully occupied with tenants on month-to-month lease agreements, providing both steady income and flexibility.
Property Highlights
Units: 4 units total across 2 buildings.
Current Rents:
Two units at $1,685/month.
One unit at $1,250/month.
One unit at $1,000/month.
Utilities:
4 separate electric meters for tenant responsibility.
2 separate water meters to maximize cost efficiency.
Investment Benefits
Turnkey Income: Fully occupied with tenants who pay on time, ensuring immediate cash flow.
Strong Returns: Property is structured to cash flow with a new loan.
Flexibility: Month-to-month leases offer the ability to adjust rents or implement new strategies.
Diverse Revenue Streams: Two buildings provide options for varied uses or further customization.
Additional Details
Low Maintenance: Dependable property with solid rental history.
Scalable Opportunity: Perfect for first-time or seasoned investors looking to grow their portfolio.
Prime Location: Situated in a desirable area with rental demand and amenities nearby.
This is a rare chance to acquire a cash-flowing investment property with excellent potential for increased profitability. Whether you're seeking a reliable income stream or planning for long-term appreciation, this quadplex is ready to deliver.
Contact us today to schedule a showing or to request additional information on this investment opportunity!
Location
State FL
County Hillsborough
Community Grant Park
Zoning RM-16
Interior
Interior Features Kitchen/Family Room Combo
Heating Electric
Cooling Central Air
Fireplace false
Laundry Laundry Closet
Exterior
Exterior Feature Fence
Utilities Available Public
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Block
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
