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$835,000
144 Days Online

4911 Temple Heights Road #AD
Tampa, FL 33617

For Sale|Commercial|Pending
0
Beds
0
Full Baths
0
Partial Baths
6,496
SqFt
$129
/SqFt
1982
Built
Subdivision:
Temple Terraces
County:
Hillsborough, FL

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727-821-1999
4911 Temple Heights Road4911 Temple Heights Road4911 Temple Heights Road4911 Temple Heights Road
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Don't look past these 8 Value Add Multifamily units in Tampa! The Property consists of two 4 unit buildings with below market rents and one vacancy. The Seller completed major renovations on each building, including but not limited to plumbing, HVAC, roof, bathrooms, and kitchen countertops. While both buildings still require some work to reach its fully stabilized value, this is the ideal investment for an investor willing to put in the work! Current Annual Scheduled Gross Income is $77,760, with a Pro Forma Gross Rental Income of $91,200 after rents are brought to a market value. All units except for one are occupied. An investor has the opportunity to stabilize the investment at a Prop Forma Cap Rate of around 6.35%.

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Listing Snapshot
Price
$835,000
Days Online
144 Days
Bedrooms
N/A
Inside Area (SqFt)
6,496 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.15 Acres
Year Built
1982
MLS Number
U8107484
Status
Pending
Property Tax
$5,344
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
a week agoStatus changed to Pending
2 months agoStatus changed to Active
2 months agoStatus changed to Pending
3 months agoPrice changed to $835,000
See 1 more
General Features
Foundation
Slab
Zoning
RM-24
Interior Features
Cooling
Central Air
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Exterior Features
Waterfront
No
Listing courtesy of RMS ELITE PROPERTIES



All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Data last updated at: 2021-05-08 10:22 AM EDT

Neighborhood & Commute
Source: Walkscore
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