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3619 Orient Road,  Tampa FL, 33619

(Active)
$650,000
|
6 beds, 5 baths, 2,504 sqft
|
MLS# T3484482
Last Updated: 5/20/2024 4:06 PM
Description for 3619 Orient Road Tampa, FL 33619
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%
Price
$650,000
EASY WAY SUB
Hillsborough
6
5
2,504 (approx)
T3484482
Active
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%
Listing Information
Property Type: Multi-Family, Other
6 5
0.84 Acres 2,504 (approx) 1940
Stucco,Vinyl siding
29//
EASY WAY SUB
Slab
Well
Septic Tank
Cable Available, Cable Connected
Neighborhood
Room Information
Interior Features
Window/Wall Unit
Electric Heating, Central
Exterior / Lot Features
Stucco, Vinyl
Metal, Shingle
RDC-12
Driving Directions
Take MLK Jr Blvd to Orient Rd South. Property on the east side of Orient Rd across from Delano Ave
Financial Considerations
U-11-29-19-1N9-000000-00007.0
$7,071
Cash, Conventional
Listing Price History

Tampa Real Estate

Tampa is located in Florida. Tampa, Florida 33619 has a population of 31,751.

The median household income in Tampa, Florida 33619 is $46,812. The median household income for the surrounding county is $63,092 compared to the national median of $66,222. The median age of people living in Tampa 33619 is 39 years.

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Courtesy: BLUE SUN REALTY LLC


All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2017, My Florida Regional MLS
This content last refreshed on 5/20/2024 4:06 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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