3618 E DR MARTIN LUTHER KING JR BLVD, TAMPA, FL, 33610
$325,000
Residential Income
|
Living Area
1,144 Sqft
|
Lot Size
6,721 Sqft
|
Excellent investment opportunity in the heart of Tampa! This income-producing block duplex is a true cash-flow property in a prime location. Each unit is currently rented for $1,400 per month, generating $2,800 in total monthly income and $33,600 in annual gross income.
Each unit features separate water and electric meters, with tenants responsible for their own lawn maintenance, helping keep operating costs low. Recent updates include new flooring, fresh interior and exterior paint, and newer central A/C systems, making this a low-maintenance investment.
This can be purchased with neighboring duplex 3616 E dr mlk blvd, making it a prime quadruplex investment
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8484497 | Year Built: | 1965 | |
| Appliances: | Range, Refrigerator | Construction Materials: | Block | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Hillsborough | Exterior Features: | Sidewalk | |
| Foundation Details: | Slab | Heating: | Central | |
| Laundry Features: | None | Lease Term: | Twelve Months | |
| Levels: | One | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Conventional | Property Sub Type: | Duplex | |
| Property Type: | Residential Income | Road Surface Type: | Asphalt | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | 24 Hour Notice, Appointment Only, Call Before Showing, Combination Lock Box | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Electricity Available | Water Source: | Public | |
We love to hear from you