Price Reduced 18.24%
Price History
$795,000
11/14/2023
$750,000
1/4/2024
$650,000
2/1/2024
3619 Orient ROAD, Tampa, FL, 33619
6 beds
1940
2,504 sqft
New Listing - 5 Unit Investment property with $6100/month income - Completely Occupied with long leases. Property Zoning allows for multi-family up to 10 units on this location with .84 acre lot in a prime location. Concrete block construction and slab foundation on the 4 units + single wide renovated mobile home in the back of the property. There is also a maintenance man that lives at the property in Unit D - he pays rent and paid for any services separately. The entire property is on Well & septic systems therefore the owner supplies Water, sewer, trash, electric, lawn & cable. Newer metal roof installed in 2016 and completely painted on the exterior in 2023. The 5th unit, the single wide mobile home that was completely renovated with new showers, tub, kitchen, appliances, flooring and paint this October and rents for $2000/m. Many of the other units have also been renovated. This is a turn key operation, in good condition with good long term tenants in a good location near major highways and lots of job opportunities including 5 minutes to the Hard Rock Casino. Rent analysis provided by the seller has the cap rate currently at 8.5%
Status:
Active
Type:
Multi-family
Units:
5
Subdivision:
EASY WAY SUB
Heating:
Central, Electric
Cooling:
Wall/Window Unit(s)
Acreage:
0.84
Est. Taxes:
$7,071
Construction
Metal Frame, Stucco, Vinyl Siding, Wood Frame
Utilities
Cable Connected
Days on Market:
84
Lease Term Type:
12 Months
Min Lease Term:
No Minimum
MLS #:
T3484482
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of BLUE SUN REALTY LLC Phone: 813-365-3370