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132 Douglas Rd W 2 Unit Apartment Building $449,900 ($224,950/Unit) 8.89% Cap Rate Oldsmar, FL 34677
INVESTMENT HIGHLIGHTS
- Located 20 min for Tampa International Airport
- On Bus Line
- Minutes from all Shops and Services
EXECUTIVE SUMMARY
MOTIVATED SELLER!!! Units A & B are occupied by long term tenants Investor Income Opportunity!!! This recently painted Oldsmar "Building" has 2-Units Listed as 132-A and 132-B!! Each Unit is 1224Sq Ft and Offers 2-Bedrooms, 2.5 Bathrooms, Spacious Family Room, Dinning Room, Open Kitchen / Snack Bar and a Screened Patio that Overlooks the Fenced Yard. This Oldsmar Location is Just Minutes from all Local Services Shops Bus Line and Local Activities. If You are Considering Investing in rental property or Looking for a "1031 Exchange This "Income Opportunity" could be a Great ROI for Your DOLLARS while enjoying Equity Growth and Nice Tax Benefits!
NOTE: There are multi buildings available at this Oldsmar Community, Today 132 A & B Units and 128 C & D Units for a Total of 2 buildings and 4 Units available TODAY!
Contact agent with any questions or concerns @ Text 727-455-5032 - Call 813-852-2321
NOTE: There are multi buildings available at this Oldsmar Community, Today 132 A & B Units and 128 C & D Units for a Total of 2 buildings and 4 Units available TODAY!
Contact agent with any questions or concerns @ Text 727-455-5032 - Call 813-852-2321
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$44,100
|
$18.01
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$44,100
|
$18.01
|
| Taxes |
$4,324
|
$1.77
|
| Operating Expenses |
$4,960
|
$2.03
|
| Total Expenses |
$9,284
|
$3.79
|
| Net Operating Income |
$34,816
|
$14.22
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $44,100 |
| Annual Per SF | $18.01 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $44,100 |
| Annual Per SF | $18.01 |
| Taxes | |
|---|---|
| Annual | $4,324 |
| Annual Per SF | $1.77 |
| Operating Expenses | |
|---|---|
| Annual | $4,960 |
| Annual Per SF | $2.03 |
| Total Expenses | |
|---|---|
| Annual | $9,284 |
| Annual Per SF | $3.79 |
| Net Operating Income | |
|---|---|
| Annual | $34,816 |
| Annual Per SF | $14.22 |
PROPERTY FACTS
| Price | $449,900 | Apartment Style | Townhome |
| Price Per Unit | $224,950 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 8.89% | Building Size | 2,448 SF |
| Gross Rent Multiplier | 42 | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1989/2025 |
| Property Subtype | Apartment | Parking Ratio | 1.63/1,000 SF |
| Zoning | R-6 - two residential multi-family units in building | ||
| Price | $449,900 |
| Price Per Unit | $224,950 |
| Sale Type | Investment |
| Cap Rate | 8.89% |
| Gross Rent Multiplier | 42 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 2,448 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1989/2025 |
| Parking Ratio | 1.63/1,000 SF |
| Zoning | R-6 - two residential multi-family units in building |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Yard
- Freezer
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132 Douglas Rd W
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