115 W Bearss Ave, Tampa, FL, 33613 - Available for Sale

Multifamily For Sale

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11% CAP Rate 6 Residential Rental Units.

115 W Bearss Ave, Tampa, FL 33613

$339,000

6 Units | Multifamily

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Multifamily Property For Sale

Price:
$339,000
No. Units:
6
Building Size:
4,260 SF
Price/Unit:
$56,500
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Occupancy:
100%
Lot Size:
33,740 SF
Listing ID
18515798
Last Updated
5 days ago

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Description

Zoned AS-1 Fully Rented. 2 parcels with 3 buildings: concrete block duplex + concrete block triplex + stand-alone wood frame house =10 bedrooms / 6 baths on large wooded lot. Quiet dead-end street near Interstate 275 and Bearss Ave., 10 minutes from University of South Florida, VA Hospital, Moffitt Cancer Center, Pepin Heart Hospital. Positive Cash Flow Income Property. Great for 1031 exchange and over 11% CAP Rate. Rent roll attached, Income just increased 5-1-14 from $4,045 to $4,120/monthly.
PLEASE DO NOT DISTURB TENANTS.

1302 & 1304 E. 149th Ave., Lutz, FL 33549. Near Interstate 275 and Bearss Ave., 10 minutes from University of South Florida, VA Hospital, Moffitt Cancer Center, Pepin Heart Hospital

Map of 115 W Bearss Ave, Tampa, FL 33613 (Hillsborough County)

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Presented by Grimaldi Commercial Realty
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Grimaldi Commercial Realty Corp.
Grimaldi Commercial Realty Corp.

Specializing in Commercial Real Estate Sales & Leasing since 1975

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License #BK198422

Asking Price Index Trends for Tampa, FL Multifamily For Sale

  Aug 14 vs. 3 mo.
prior
Y-O-Y
-
State
$72,214+1.9%+9.2%
-
Metro
$54,771+2.4%+12.3%
-
County
$44,049-4.0%+1.8%
-
City
$48,039-8.0%+2.5%

View Tampa Market Trends for other property types for sale or lease. Learn more about the chart info.

11% CAP Rate 6 Residential Rental Units.
  • Multifamily
  • $339,000
  • 6 Units
  • 4,260 SF