$300,000
Active · 12 days on market · MLS# MFRTB8415309
| Bedrooms | 5 |
|---|---|
| Living area | 1,500 sq ft |
| Lot size | 0.51 acres |
| Year built | 1964 |
| Property type | Duplex |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $3,541 |
| 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 11303 Spivey Rd. Gibsonton, FL 33534 - 1/1 rented units with NEW ROOF and inside upgrade potential, contributing to a portfolio-wide pro forma CAP rate of 10% and immediate cash flow potential. The entire portfolio is 80% stabilized with upside through lease-up and potential rent increases! Whether you’re looking for a strong-performing individual rental or want to acquire all 10 units for scale and increased 6-FIGURE returns — this opportunity checks the boxes!
Listing courtesy of Thomas Flannery, MCBRIDE KELLY & ASSOCIATES. Presented by MC Homes Realty Inc · 727432218.