$399,000
Active · 9 days on market · MLS# MFRTB8411701
| Bedrooms | 14 |
|---|---|
| Living area | 2,429 sq ft |
| Lot size | 0.22 acres |
| Year built | 1958 |
| Property type | Duplex |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $3,023 |
| County | Hillsborough |
Investor Opportunity! This property is part of a 4-property, 10-unit portfolio available individually or as a complete package. Located in the Gibsonton/Ruskin area, all properties are within 20 minutes of each other, making it an ideal setup for efficient management. This specific property offers a new septic system installed, contributing to a portfolio-wide pro forma CAP rate of 10% and immediate 6-FIGURE cash flow. The entire portfolio is 80% stabilized with upside through lease-up and potential rent increases.
Listing courtesy of Thomas Flannery, MCBRIDE KELLY & ASSOCIATES. Presented by MC Homes Realty Inc · 727432218.