Historical Multifamily Sale Listing - Lake Avenue Duplex

Multifamily For Sale

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Lake Avenue Duplex

706 E. Lake Avenue, Tampa, FL 33603

N/A

2 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
2
Building Size:
1,894 SF
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
9.10%
No. Stories:
2
Year Built:
1922
APN / Parcel ID:
A 12 29 18 4hg 000001 000111
Listing ID
15327643
Last Updated
over 1 year ago

Description

Excellent money maker! This excellent income producing investment consists of a historic bungalow rehabbed into 2 - 3 bedroom, 2 bath units. In an area of quaint rehabbed bungalows, the neighborhood shows pride of ownership. Scheduled gross income exceeds $27,00 annually from Tampa Housing Authority tenants. THA pays $1138 per month for a 3/2 unit.

In Tampa's historic Seminole Heights, this 1920s bungalow has been modified to contain two 3 bed, 2 bath units. From I-275, exit MLK east, turn south on Nebraska, turn west onto Lake.

Map of 706 E. Lake Avenue, Tampa, FL 33603 (Hillsborough County)

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