6405 S ADELIA AVE, Tampa, FL 33616 – T3431576 - Ricardo Simon

$775,000

Est. payment -/mo

$775,000

Est.Price: ?

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8 Beds

4 Baths

3,294 SqFt

SOLD DATE : 03/20/2023

Key Details

Sold Price $775,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,294 sqft

Price per Sqft $235

Subdivision Sunset Add

MLS Listing ID T3431576

Sold Date 03/20/23

Bedrooms 8

Construction Status No Contingency

HOA Y/N No

Originating Board Stellar MLS

Year Built 1985

Annual Tax Amount $8,433

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 103x106

Property Description

This residential income property presents a lucrative opportunity for investors or those seeking to live in one unit and rent the others. This property features two duplexes totaling four units, each consisting of two spacious bedrooms and one bathroom. The current annual income of $59,000, this property has significant potential for an increase in income with some minimal upgrades. The rental units are all occupied, ensuring immediate returns on your investment. These addresses have both passed a recent 4 point inspection, see attachments for additional information. The lot on which this property sits is buildable, providing the opportunity for future development. The location is convenient and highly desirable, with easy access to public transportation, shopping centers, and schools. Investors and owner-occupants alike will appreciate the potential of this property to generate significant income, and with the option for future development, the possibilities are endless. Don't miss out on this rare opportunity to acquire a prime residential income property in this desirable and growing South Tampa neighborhood.

Location

State FL

County Hillsborough

Community Sunset Add

Zoning RM-16

Interior

Interior Features Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Laminate

Furnishings Unfurnished

Fireplace false

Appliance Cooktop, Dishwasher, Refrigerator

Laundry Inside, Laundry Closet

Exterior

Exterior Feature Courtyard, Sidewalk

Parking Features Open

Utilities Available Electricity Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Lot Description City Limits, Near Public Transit

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block, Stucco

New Construction false

Construction Status No Contingency

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Ricardo Simon

ricardo.simon@lptrealty.com +1(407) 476-6263

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by SMITH & ASSOCIATES REAL ESTATE
Bought with 360 REALTY OF TAMPA LLC

"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

+1(407) 476-6263

ricardo.simon@lptrealty.com