MLS® ID: T3191227

1635 and 1637 E MULBERRY DRIVE

TAMPA, Florida, 33604

$435,000 Active
  • 3008 SQFT
Excellent income opportunity two adjacent duplexes (includes adjacent property - 1637 E Mulberry Folio #150079-0100) Located on a beautiful Hillsborough Riverside Lots, with excellent river frontage and uninterrupted boating to Tampa Bay and Gulf of Mexico. Recently updated consisting of total of 4 units - 2 Bedrooms, 1 Bathroom each. Private paved parking for 4 cars each unit. Attainable gross income in excess of $4050 per month $45,600 per annum Affording a cap rate return of 8.5%. Expected rent $1,000-$1,050. Pro-forma statement available upon request. Units were previously purchased individually and are now being sold as a complete package. With the growth of demand in the neighborhood these lots are in high demand Long successful rental records three units currently occupied one being refurbished for rental. Units have grandfathered multi-family status one unit carries additional rental certification and rental compliance with section 8 housing making excellent investment potential for owner to live on site or manage remotely.
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Listing courtesy of WEICHERT REALTORS YATES&ASSOC

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    33604
  • Office name
    WEICHERT REALTORS YATES&ASSOC
  • Subdivision
    FERN CLIFF
  • SQFT
    3008
  • Bedrooms
    0
  • Property type
    Residential Income
  • Zoning type
    RS-50
  • Year built
    1985
  • Lot size
    0.20
  • Waterfront
    Yes
  • Heating
    Central,Electric
  • Tax year
    2017
  • Agent name
    Duncan Anderson
  • Tax amount
    $ 4800.0
  • Purchase Type
    Active
  • Price Range
    $400k-$500k
  • Square Feet Range
    3000-3500 sq ft.
  • Area
    33604 - Tampa / Sulphur Springs
  • Year Built Range
    1989 (and earlier)
  • Office ID
    630900
  • Agent ID
    261551912

Location

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