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8602-8606 N 14TH STREET

TAMPA, FL 33604

MLS#: TB8537624

$1,409,700

Status: Active
Listing number: TB8537624
Listing provided by: YOU FIRST REALTY AND ASSOC LLC
Listing agent phone: None
Last update: 4 days ago
On site: 20 days ago
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ORANGE TERRACE - Residential Income

Property

Beds

18

Full Baths

None

1/2 Baths

None

Year Built

1986

Sq.Footage

5,208

Priced to Sell – Income-Producing 6 Plex (3 Duplexes in a row) in the Heart of Tampa Bay. This well-located 6 Plex features 6 units, each offering 3 bedrooms, 1 bathroom with interior laundry rooms. All units are currently rented and generating immediate cash flow. Duplex 1 Income • Unit A: currently Rented at $2,500 per month • Unit B: expected Rented at $2,200 per month (currently under rented on a short term lease)• Combined gross income: $4,700 per month ($56,400 annually) Duplex 2 • Unit A: expected Rented at $2,200 per month (currently under rented on a short term lease) • Unit B: expected Rented at $2,200 per month (currently under rented on a short term lease) • Combined expected gross income: $4,400 per month ($52,800 annually). Duplex 3 • Unit A: expected Rented at $2,200 per month (currently under rented on a short term lease) • Unit B: expected Rented at $2,200 per month (currently under rented on a short term lease) • Combined expected gross income: $4,400 per month ($52,800 annually) All units are currently under market rents with short term or month-to-month leases. Combined expected gross income for all 6 units: $13,500 per month ($162,000 annually). Landlord covers the water bill and lawn care. Tenant covers the Electric bill (separate electric meters for each unit). No HOA or CDD fees. Conveniently situated in the heart of Tampa Bay with easy access to shopping centers, restaurants, USF, I-275, I-4, and more. A true income-producing property with strong rental performance. Schedule a private tour today before this opportunity is gone.

Features & Amenities

Interior

  • Other Interior Features

    Other

  • Total Bedrooms

    18

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Stucco, Frame

  • Other Exterior Features

    Other

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.12

  • Lot Size(square feet)

    15,600

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $1,409,700

  • Tax Amount

    $9,045

  • Sq. Footage

    5,208

  • Price/SqFt

    $270

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Block

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    12

  • Water Source

    Public

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Location

County

Hillsborough

Elementary School

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Listing Courtesy of Ramez Lahham , YOU FIRST REALTY AND ASSOC LLC

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Priced to Sell – Income-Producing 6 Plex (3 Duplexes in a row) in the Heart of Tampa Bay. This well-located 6 Plex features 6 units, each offering 3 bedrooms, 1 bathroom with interior laundry rooms. All units are currently rented and generating immediate cash flow. Duplex 1 Income • Unit A: currently Rented at $2,500 per month • Unit B: expected Rented at $2,200 per month (currently under rented on a short term lease)• Combined gross income: $4,700 per month ($56,400 annually) Duplex 2 • Unit A: expected Rented at $2,200 per month (currently under rented on a short term lease) • Unit B: expected Rented at $2,200 per month (currently under rented on a short term lease) • Combined expected gross income: $4,400 per month ($52,800 annually). Duplex 3 • Unit A: expected Rented at $2,200 per month (currently under rented on a short term lease) • Unit B: expected Rented at $2,200 per month (currently under rented on a short term lease) • Combined expected gross income: $4,400 per month ($52,800 annually) All units are currently under market rents with short term or month-to-month leases. Combined expected gross income for all 6 units: $13,500 per month ($162,000 annually). Landlord covers the water bill and lawn care. Tenant covers the Electric bill (separate electric meters for each unit). No HOA or CDD fees. Conveniently situated in the heart of Tampa Bay with easy access to shopping centers, restaurants, USF, I-275, I-4, and more. A true income-producing property with strong rental performance. Schedule a private tour today before this opportunity is gone.

8602-8606 N 14TH STREET

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