$500,000
$575,000
13.0%For more information regarding the value of a property, please contact us for a free consultation.
9409 GRANDFIELD RD Thonotosassa, FL 33592
8 Beds
4 Baths
2,268 SqFt
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,268 sqft
Price per Sqft $220
Subdivision Terrace Highlands
MLS Listing ID T3385684
Sold Date 12/29/22
Bedrooms 8
HOA Y/N No
Originating Board Stellar MLS
Year Built 1972
Annual Tax Amount $3,371
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 101x141
Property Description
2 INCOME PRODUCING DUPLEXES. This excellent property, located in an opportunity zone, features 2 duplex units. Each duplex contains two, 2 bedroom, 1 bathroom apartments at 567 sq ft each. This property is turnkey and fully occupied. This is being sold together with MLS #T3385626. Listing price does not include both listings. Average rents for #T3385684 & T3385626 must be sold as group, average rents of all 8 units is $1,205. This is a great opportunity to own an investment property with a healthy CAP rate! 3 of the 4 units have be renovated with new flooring, updated kitchens & bathrooms. Mini-splits recently installed in 3 of the 4 units. Rental rates have room to be increased, see attached Rentometer. See attachments for offering memorandum, expenses, return rates, surveys, etc.
Location
State FL
County Hillsborough
Community Terrace Highlands
Zoning RDC-12
Interior
Interior Features Ceiling Fans(s)
Heating Wall Units / Window Unit
Cooling Mini-Split Unit(s)
Fireplace false
Exterior
Exterior Feature Storage
Utilities Available BB/HS Internet Available
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Read Less
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Bought with KELLER WILLIAMS ON THE WATER