$262,000
Active · 256 days on market · MLS# MFRTB8390568
| Bedrooms | 2 |
|---|---|
| Living area | 1,189 sq ft |
| Lot size | 0.14 acres |
| Year built | 1972 |
| Property type | Duplex |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $1,920 |
| County | Hillsborough |
Investor opportunity! This income-producing duplex offers excellent potential with stable, long-term tenants and rents currently well below market value. Both units are 1 bedroom, 1 bathroom, each featuring a separate living room, kitchen, and private driveway, providing a desirable level of privacy and independence for occupants. Constructed with durable block and finished with stucco, the property also includes a shingle roof, city water and sewer, and paved road access. There are two electric meters—tenants pay their own electric—and one shared water meter, with water included in rent. Both units are equipped with window AC units. One tenant has been in place for 15 years and the other for 7 years. Both are on a month-to-month lease, offering flexibility for future rental adjustments or improvements. With some updates, there's significant room to increase income and overall property value. Whether you're a seasoned investor looking to maximize returns or a first-time buyer exploring multi-family income potential, this duplex is a solid choice with great upside. Schedule your showing today and unlock the possibilities.
Listing courtesy of Heather Spinosa, MIHARA & ASSOCIATES INC.. Presented by MC Homes Realty Inc · 727432218.