3619 ORIENT RD Active

Tampa,FL 33619

$ 595000

6 Beds

5 Baths

2504 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,504 sqft

Price per Sqft $237

Subdivision Easy Way Sub

MLS Listing ID T3484482

Bedrooms 6

HOA Y/N No

Originating Board Stellar MLS

Year Built 1940

Annual Tax Amount $7,071

Lot Size 0.840 Acres

Acres 0.84

Property Description

New Listing - 5 Unit Investment property with $6100/month income - Completely Occupied with long leases. Property Zoning allows for multi-family up to 10 units on this location with .84 acre lot in a prime location. Concrete block construction and slab foundation on the 4 units + single wide renovated mobile home in the back of the property. There is also a maintenance man that lives at the property in Unit D - he pays rent and paid for any services separately. The entire property is on Well & septic systems therefore the owner supplies Water, sewer, trash, electric, lawn & cable. Newer metal roof installed in 2016 and completely painted on the exterior in 2023. The 5th unit, the single wide mobile home that was completely renovated with new showers, tub, kitchen, appliances, flooring and paint this October and rents for $2000/m. Many of the other units have also been renovated. This is a turn key operation, in good condition with good long term tenants in a good location near major highways and lots of job opportunities including 5 minutes to the Hard Rock Casino. Rent analysis provided by the seller has the cap rate currently at 8.5%

Location

State FL

County Hillsborough

Community Easy Way Sub

Zoning RDC-12

Interior

Interior Features Ceiling Fans(s)

Heating Central,Electric

Cooling Wall/Window Unit(s)

Fireplace false

Exterior

Exterior Feature Fence,Sidewalk

Utilities Available Cable Connected

Waterfront false

Roof Type Metal,Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Septic Tank

Water Well

Structure Type Metal Frame,Stucco,Vinyl Siding,Wood Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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