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Browse More Listings in Multifamily For Sale, Tampa, FL or Florida

Multifamily Property For Sale

Davis Island Triplex on Double Lot

116-118 Bosphorous, Tampa, FL 33606

Price:
$524,900
No. Units:
3
Building Size:
2,828 SF
Price/Unit:
$174,966.67
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Commission Split:
4%
Cap Rate:
8%
Occupancy:
100%
Year Built:
1951
Lot Size:
13,534 SF
Find Out More...

Last Verified 11/4/2009 Listing ID 14450285

Highlights

Davis Island Quaint Living on Quiet Street
Perfect location -- walk to shops & restraunts
Great Condo Condo convert or Rezone Lots for two new sigle family houses

Saltwater fishing walking a few blocks
Quite community streets for biking and walking
Regional airport, yacht club, playground & baseball field

Description

Triplez. The front duplex total of 1,988 SF, each unit has two bedrooms, one bathroom (updated kitchens, ceramic tile throughout, updated bathrooms) and there is a single family house is 840 SF one bedroom, one bathroom. All units with central air/heat. Washer/Dryer laundry room. 3 covered parking spaces with concrete driveway and parking pad. CB construction, new windows, centeral a/c, ceramic tile throughout. Sits on huge double lot that could have 2 house built on it. Please do not contact or communicate with tenants.

Owner is real estate broker. Information contained herein has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we cannot guarantee it. All properties subject to change or withdrawal without notice.

The subject property is located centrally on exclusive Davis Island in Tampa, Florida. Davis Island is considered one of Tampa's elite resident areas located adjacent to scenic Tampa Bay, sailing yacht club and regional airport, community playground, baseball field, one minute to downtown Tampa and walking distance to shops and resturaunts.

Financial Summary

Unit Mix Information

Proforma
Scheduled Gross Income
$36,000
Effective Gross Income
$33,000
Operating Expenses
$10,000
Net Operating Income
$23,000
Pre-Tax Cash Flow
$23,000

Description	No. Units	Avg. Mo. Rent	Sq. Ft.
2/1	2	$1,000	1,000
1/1	1	$900	840

Map of 116-118 Bosphorous, Tampa, FL 33606 (Hillsborough County)

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Presented by

United American Real Estate, LLC

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Contact Listing Broker

Oscar Hernandez Jr. (813) 376-9172

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Created 12/30/2005

Additional Information for 116 Bosphorous Avenue, Tampa, FL 33606

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Davis Island Triplex on Double Lot

116-118 Bosphorous, Tampa, FL, 33606