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Sold for $552,500 Sold
6 units | Multi Family Home
0.85 acres - MLS# T2577328
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Sold

Sold for $552,500 on Mar 21, 2014

Description

Under Contract / Taking Backups. Campus Gardens is a twelve-unit (6 duplexes) apartment complex located in the USF District, walking distance from downtown Temple Terrace. All units feature a one bedroom, one bath layout with a spacious 645 Sq ft floor plan. Tenants have a choice of tiled or carpeted units, based on availability. Excellent opportunity to live close to USF, University Mall, Moffitt Center, Veterans & Florida Hospitals, etc. Entire property has been upgraded and renovated. Each unit has itown electric meter and the tenants pay their own electric bill. There is no cost for water & sewer as the property has its own well and septic tank. This is a very clean, well maintained property located in a well established growing area. All twelve units are currently rented. Annual vacancy/loss rate is less than 5%.

Features

  • Acres: 0.8500
  • Appliances: Electric Water Heater, Range, Range Hood, Refrigerator
  • Bedrooms: 6
  • Building Area Source: Public Records
  • Carport Spaces: 5
  • Carport YN: Yes
  • Community Features: Sidewalk
  • Construction Materials: Stucco
  • Cooling: Central Air
  • County/Area: Hillsborough County
  • Direction Faces: North
  • Flooring: Carpet, Vinyl
  • Full Baths: 6
  • Gross Income: 79200
  • Heating: Central, Electric
  • Interior Features: Eating Space In Kitchen
  • Listing Status: Sold
  • Lot Features: Cul-de-sac, In County, Level, Near Public Transit, Street Dead-End, Street Paved
  • Lot Size Square Feet: 37178
  • Millage Rate: 20.2100
  • Number Of Units Total: 12
  • Parking Features: Open
  • Pets Allowed: Breed Restrictions, Yes
  • Property Type: Multi Family Home
  • Sold Date: 2014-03-21 00:00:00
  • Sold Price: 552500.00
  • Sq.Ft.: 7722
  • Style: Multi-Family (Multi-Family)
  • Sub Type: Multi-Family
  • Total Actual Rent: 6600
  • Total Baths: 6.00
  • Units: 6
  • Utilities: Cable Available, Electricity Connected, Fire Hydrant
  • Year Built: 1973
  • Zip Code: 33617
  • Zoning: RMC-20
  • Annual Expenses: 20000
  • Annual Net Income: 55000.00
  • Est Annual Market Income: 75000.00
  • Exterior Features: Fenced
  • Future Land Use: 0104
  • Lot Dimensions: 143.0X260.0
  • Parcel Number: U-10-28-19-ZZZ-000001-31060.0
  • Pet Restrictions: Small Only; under 15 lbs.
  • Roof: Shingle
  • Security Deposit: 10000
  • Tax Year: 2013
  • Total Acreage: 1/2 Acre to 1 Acre
  • Total Monthly Expenses: 1667
  • Township: 28

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Sofia & Ameer Lakhani
 

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