3107 E 29th Avenue
TAMPA, FL 33605

Description

Turn key triplex with a newly renovated three bedroom one bath which includes new floors, kitchen counters, appliances, a/c system. Also two separate one bed one bath units with updated flooring, appliances, and bathroom fixtures. All three units have been meticulously maintained by tenants. Current monthly rents total $2675. Still plenty of opportunity to optimize future rent prices. This affords a pro forma cap rate of over 9% (see attached documents). Major value add if new owner were to split all utilities. Do not disturb tenants.

Details

MLS#O5802046
Sub-TypeResale
StatusActive
Year1927
Days On Site19

Features

SQ Feet970
Units3
Building(s)2

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Area Information

StateFL
CountyHillsborough
CityTAMPA
Zip Code33605
Area33605 - Tampa / Ybor City
Listing VS Median (in 33605)
Price:
$220,000
low | high
Med:
$149,900
81.863636363636% of Average
SqFt:
970
low | high
Med:
988
48.144329896907% of Average
$ / SqFt:
$227
low | high
Med:
$152
83.104987118145% of Average
On Site:
19
low | high
Med:
20
95% of Average
Listing Updated: 08/18/2019
MLS Number: O5802046
Listing Provided By:
Sam Ervin  of  FENSALIR REAL ESTATE SERVICES INC

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