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

Multifamily Property For Sale

3502 Armenia

3502 N Armenia Ave, Tampa, FL 33607

Price:
$222,000
No. Units:
4
Building Size:
3,360 SF
Price/Unit:
$55,500
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Cap Rate:
8.75%
Find Out More...

Last Verified 11/17/2009 Listing ID 16405111

Description

Money Making machine situated in the center of Tampa. Close to Raymond James Stadium, International Plaza, Tampa International Airport, South Tampa, and North Tampa. Located on a major through street this building is in a prime visible area. Currentlyzoned C1 the property consists of one commerical tenant and 4 residential tenants. The commercial tenant has been at this location over 30 years. The other 4 residential units are rented very easily with a couple tenants there over 3 years. This is a growing area. A new Pipos restaurant is located directly across the street and a new strip mall is just two blocks South. Dont miss the opportunity to make some positive cash flow! Effective gross income is currently $31360 with a NOI of $19,685.

Located just South on Armenia from Columbus. Building is on West side of Armenia

Financial Summary

Actual
Net Operating Income
$18,870

Map of 3502 N Armenia Ave, Tampa, FL 33607 (Hillsborough County)

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Presented by

Keller Williams Realty South Tampa

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Contact Listing Broker

Tampa Tyler Leban (813) 948-0119

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Created 9/22/2009

Additional Information for 3502 N Armenia Avenue, Tampa, FL 33607

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 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 - 3502 Armenia

3502 N Armenia Ave, Tampa, FL, 33607