3618 and 3616 E DR MARTIN LUTHER KING JR BLVD BLVD, TAMPA, FL, 33610
$649,999
Residential Income
|
Bedrooms
8
|
Bathrooms
4
|
Living Area
2,288 Sqft
|
Lot Size
17,247 Sqft
|
Don’t miss this income-producing block quadruplex in a prime Tampa location! This property is a strong cash-flow investment with excellent rental income and future development potential.
All units are rented out for totaling of $5674 a month and $67764, offering and attractive return on the investment and immediate upside for investors.
Situated on a large lot of nearly half an acre, the property also provides value-add potential, including the possibility to build an additional duplex in the future (buyer to verify with county).
Each unit features separate water and electric meters, and tenants are responsible for their own lawn maintenance, helping keep operating expenses low.
Recent updates include a new roof on one of the buildings, new flooring, fresh interior and exterior paint, and newer central A/C systems.
Conveniently located less than 10 minutes from Downtown Tampa, Raymond James Stadium, Seminole Hard Rock Casino, and major highways I-4 and I-275, this property offers both strong current income and long-term appreciation potential.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8486065 | Year Built: | 1965 | |
| Construction Materials: | Block | Cooling: | Central Air | |
| Country: | US | County Or Parish: | Hillsborough | |
| Exterior Features: | Sidewalk | Foundation Details: | Slab | |
| Heating: | Central | Laundry Features: | None | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional | |
| Property Sub Type: | Quadruplex | Property Type: | Residential Income | |
| Road Surface Type: | Paved | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | 24 Hour Notice, Appointment Only, Call Listing Agent, Combination Lock Box | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Electricity Available | |
| Water Source: | Public | |||
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