4602 N 15th Street
TAMPA, FL 33610

Description

Investors delight! This commercial 5-Unit property is located in the rapidly appreciating area of Seminole Heights. Only 10 minutes from downtown, this property can be used as a buy and hold or quick flip after leasing. There are currently two renovated units filled with tenants on a month to month lease. One is bringing in $600 and the other $700. There is major opportunity to increase these rents to $800+ and fill the other three units for the same price to achieve $4,000 in monthly cashflow. At an annual NOI of $48,000 and a $245,000 purchase this provides an incredible ROI. If interested please drive by, and contact me for a showing. Do not disturb tenants inside.

Details

MLS#O5805979
Sub-TypeResale
StatusActive
Year1923
Days On Site6

Features

SQ Feet2,484
Units5
Building(s)1

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Area Information

StateFL
CountyHillsborough
CityTAMPA
Zip Code33610
Area33610 - Tampa / East Lake
Listing VS Median (in 33610)
Price:
$245,000
low | high
Med:
$164,900
82.69387755102% of Average
SqFt:
2,484
low | high
Med:
1,352
95.571658615137% of Average
$ / SqFt:
$99
low | high
Med:
$122
26.339934790484% of Average
On Site:
6
low | high
Med:
117
5.128205128205% of Average
Listing Updated: 08/18/2019
MLS Number: O5805979
Listing Provided By:
Jorge Zea  of  BLUE LIGHTHOUSE REALTY INC

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