This Multifamily Property is Off-Market.

706 E. Lake Avenue
Tampa, FL 33603 ·

2 Units · Multifamily For Sale

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Lake Avenue Duplex

Price N/A Commission Split 3%
No. Units 2 Cap Rate 9.10%
Building Size 1,894 SF No. Stories 2
Property Type Multifamily Year Built 1922
Property Sub-type Duplex/Triplex/Fourplex APN / Parcel ID A 12 29 18 4hg 000001 000111
Property Use Type Investment
Listing ID: 15327643 Date Created: 09/09/2007 Last Updated: 09/04/2008

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.

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

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