NOT LISTED FOR SALE

1808 E 143rd Ave Unit 1-4 Tampa, FL 33613

-- Bed
-- Bath
3,472 Sq Ft
7,743 Sq Ft Lot

Last Sold August 14, 2020

Last sale price $374,000 $108 Per Sq Ft

29 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Laundry Room
  • Property is near public transit
  • Balcony
  • Tile Flooring

About This Home

As of August 2020

If you have been searching for a turn-key multi-family rental property, then look no further! Fully leased, block construction PAIR of Quadruplex's available for sale. Rent collections continue to be strong with 98% of June rent already received as of June 9th.

One listing is for 1810 E 143rd and the other is for 1808 E 143rd. Each building consists of two, 3 bedroom 2 bathroom apartments along with two, 3 bedroom 1 bathroom apartments. High demand area keeps these units leased consistently without issue. The total of 8 units for both listings are currently leased at $7,525 gross rent per month. If purchased under cash, the ROI should be 6.5% on takeover.

With minor capital investment and small rent increases, this is expected to rise to 7.7%. Leveraging is also expected to raise the return. Returns are never guaranteed and buyer should complete their own analysis. The property boasts tile and laminate floors in ground floors units with laminate and carpet in the upstairs units. Roof, windows and doors were replaced in 1810 building in 2014. Parking lot is co-owned with 3 other buildings and was repaved in 2017. Seven of the eight central AC systems have been replaced since 2014. Water is currently supplied by a single meter that services 1810, 1808 and 1806 E 143rd with each building owner responsible for 1/3rd of the monthly bill.

Please DO NOT disturb tenants.

Showings will be scheduled after receipt of proof of funds and acceptable offer with inspection period.

Last Agent to Sell the Property

Damian Kondrotas

PHILLIP SCOTT MANAGEMENT & INV License #3425108 Listed on: 05/26/2020

Last Buyer's Agent

Rami Shehata

CENTURY 21 EXECUTIVE TEAM License #3460721

CENTURY 21 EXECUTIVE TEAM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,091

Year Built

  • Built in 1984

Lot Details

  • 7,743 Sq Ft Lot
  • Lot Dimensions are 87x89
  • Level Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,472 Sq Ft Home
  • Sliding Doors
  • Views of Woods
  • Range with Range Hood
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • Common or Shared Parking
  • Ground Level Parking
  • Open Parking

Outdoor Features

  • Balcony
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near public transit

Schools

  • Mort Elementary School
  • Buchanan Middle School
  • Freedom High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3,896 Sq Ft Building
  • Mid-Rise Condominium
  • Hamners W E Pine Vista First Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,091

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 3472
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 3896
  • Lot Size Sq Ft: 7743
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8085653?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8085653?w=Customer
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.95897
  • Price per Sq Ft: 107.72
  • Close to Original List Price Ratio: 0.95897
  • Ratio: Current Price\Building Area Total: 96
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Appliances Included: Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Rain Gutters, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common, Ground Level, Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Mort-HB
  • High School: Freedom-HB
  • Middle Or Junior School: Buchanan-HB

Lot Info

  • Zoning: RMC-20
  • Parcel Number: U-06-28-19-1G9-000000-00034.2
  • Additional Parcels: No
  • Lot Features: In County, Level, Near Public Transit
  • Lot Dimensions: 87x89
  • Property Attached Yn: No
  • Flood Zone Code: 0
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4090.59
  • Tax Block: 0
  • Tax Book Number: 32-44
  • Tax Lot: 34

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
08/14/2020 08/14/20 Sold $374,000 -4.1% $108 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/13/2020 06/13/20 For Sale $390,000 0.0% $112 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $390,000 0.0% $112 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $390,000 -- $112 / 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: U8085653

Stellar MLS