Sarasota's Premier Homes

3618 and 3616 E DR MARTIN LUTHER KING JR BLVD BOULEVARD

TAMPA, FL 33610

MLS#: TB8486065

$649,999

Status: Active
Listing number: TB8486065
Listing provided by: YOU FIRST REALTY AND ASSOC LLC
Listing agent phone: None
Last update: a month ago
On site: 2 months ago
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MONTANA CITY - Residential Income

Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1965

Sq.Footage

2,288

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.

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.4

  • Lot Size(square feet)

    17247.0

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

Price

  • Sales Price

    $649,999

  • Tax Amount

    $3,190.13

  • Sq. Footage

    2, 288

  • Price/SqFt

    $284

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    12

  • Water Source

    Public

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Location

County

Hillsborough

Elementary School

Middle School

High School

Listing Courtesy of Hachem Fariad , YOU FIRST REALTY AND ASSOC LLC

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Agent Michael Graf

Business Coach | Executive Sales Associate | Realtor®

Michael Graf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


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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.

3618 and 3616 E DR MARTIN LUTHER KING JR BLVD BOULEVARD

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