Orange Terrace Homes with Duplex Property SubType

Orange Terrace Homes with Duplex Property SubType

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Newest Orange Terrace Homes with Duplex Property SubType

$1,409,700
18 Beds 6 Baths TB8537624 MLS
Priced to Sell – Income-Producing 6 Plex (3 Duplexes in a row) in the Heart of Tampa Bay. This well-located 6 Plex features 6 units, each offering 3 bedrooms, 1 bathroom with interior laundry rooms. All units are currently rented and generating immediate cash flow. Duplex 1 Income • Unit A: currently Rented at $2,500 per month • Unit B: expected Rented at $2,200 per month (currently under rented on a short term lease)• Combined gross income: $4,700 per month ($56,400 annually) Duplex 2 • Unit A: expected Rented at $2,200 per month (currently under rented on a short term lease) • Unit B: expected Rented at $2,200 per month (currently under rented on a short term lease) • Combined expected gross income: $4,400 per month ($52,800 annually). Duplex 3 • Unit A: expected Rented at $2,200 per month (currently under rented on a short term lease) • Unit B: expected Rented at $2,200 per month (currently under rented on a short term lease) • Combined expected gross income: $4,400 per month ($52,800 annually) All units are currently under market rents with short term or month-to-month leases. Combined expected gross income for all 6 units: $13,500 per month ($162,000 annually). Landlord covers the water bill and lawn care. Tenant covers the Electric bill (separate electric meters for each unit). No HOA or CDD fees. Conveniently situated in the heart of Tampa Bay with easy access to shopping centers, restaurants, USF, I-275, I-4, and more. A true income-producing property with strong rental performance. Schedule a private tour today before this opportunity is gone.

8602-8606 N 14th Street, Tampa

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