NOT LISTED FOR SALE

1406 and 1408 E Seneca Ave Unit A and B Tampa, FL 33612

North Tampa Neighborhood
-- Bed
-- Bath
2,652 Sq Ft
0.36 Acres

Last Sold October 06, 2020

Last sale price $399,975 $151 Per Sq Ft

24 Days on Market

Highlights

  • 0.36 Acre Lot
  • 1 Car Attached Garage
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System

About This Home

As of October 2020

Rare, updated University quadraplex ready to cashflow for a new owner! Live in the 1/1 and rent out three 2 bedroom 1 bath units to have others pay your mortgage for you! The perfect property for an FHA buyer excited to get into the multifamily sector! 1406 E seneca features two 2 bed 1 bath units at approximately 700 sq/ft. 1408 E Seneca features one 2 bed 1 bath unit with a 1 car garage and enclosed back patio at approximately 1,015 sq/ft and a 1 bed 1 bath unit at 700 sq/ft. 1406 E Seneca was recently renovated in 2019, including all brand new roof. This CASH COW is truly future proof and ready to collect premium rent for updated condition. All tenants are long term tenants with 12 month leases in place. Alternatively the new owner could file for stress free, direct deposit via section 8 which currently support elevated rents here at: $850- 1/1, $1040 2/1. 1406 currently has windowed a/c systems, 1408 is all central HVAC. All tenants pay their own electric, and trash. Current Owner is covering tenants water, but could easily be transitioned to tenant paid for new owner moving forward. 1406 E Seneca and 1408 E Seneca are to be sold together as one transaction. Must have an appointment to view the property. DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Terry Connors

THE SHOP REAL ESTATE CO. License #3323771 Listed on: 07/07/2020

Last Buyer's Agent

Michael Bivins

PEOPLE'S CHOICE REALTY SVC LLC License #3454556

PEOPLE'S CHOICE REALTY SVC LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 1974

Lot Details

  • 0.36

Parking

  • 1 Car Attached Garage

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,652 Sq Ft Home
  • Ceiling Fan

Additional Features

  • 0.36 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Visit Down Payment Resource Website
  • Tenant pays for electricity, sewer, trash collection, water
  • Legal Lot and Block 26 / 27
  • Assessor Parcel Number A-18-28-19-452-000027-00026.0

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 3,200 Sq Ft Building
  • Nebraska Ave Heights Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $40,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,900

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2652
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 3200
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 16288
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8089957?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8089957?w=Customer
  • Unit Count: 4
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 150.82
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 124.99
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Slab
  • Number Of Buildings: 2

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12057C0212H
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RS-50
  • Parcel Number: A-18-28-19-452-000027-00026.0
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2008-08-28

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 3375
  • Minimum Lease: No Minimum
  • Approval Process: Seller is not aware of fees, restrictions, covenants, HOA, etc. Buyer responsibility to verify all of this information to their satisfaction. No sellers disclosures available. All measurements are estimates. Buyers due diligence is required & advised.
  • Pet Restrictions: Seller is not aware of fees, restrictions, covenants, HOA, etc. Buyer responsibility to verify all of this information to their satisfaction. No sellers disclosures available. All measurements are estimates. Buyers due diligence is required & advised.
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Seller is not aware of fees, restrictions, covenants, HOA, etc. Buyer responsibility to verify all of this information to their satisfaction. No sellers disclosures available. All measurements are estimates. Buyers due diligence is required & advised.

Multi Family

  • Gross Income: 40500
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3900
  • Tax Block: 27
  • Tax Book Number: 14-41
  • Tax Lot: 26

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2020 10/06/20 Sold $399,975 0.0% $151 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $399,975 +105.1% $151 / Sq Ft
07/05/2018 07/05/18 Sold $195,000 +2.1% $74 / Sq Ft View Prior Sale
04/27/2018 04/27/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $190,900 -- $72 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8089957

Stellar MLS