Price Reduction
Address
3619 Orient ROAD, TAMPA, FL
Price
$ 595,000
Property Attributes
- MLS#T3484482
- TypeIncome
- CountyHILLSBOROUGH
- CityTAMPA
- AreaTampa - Palm River - Progress Village
- NeighborhoodEasy Way Sub
- Zip33619
- StyleMulti Family
- Year Built1940
- Taxes$ 7071
- Price$ 595,000
- Bedrooms6
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage2504
- Lot Size0.84 Acres
Data Source:
Stellar MLS
Property Description
New Listing - 5 Unit Investment property with $6100/month income - Completely Occupied with long leases. Property Zoning allows for multi-family up to 10 units on this location with .84 acre lot in a prime location. Concrete block construction and slab foundation on the 4 units + single wide renovated mobile home in the back of the property. There is also a maintenance man that lives at the property in Unit D - he pays rent and paid for any services separately. The entire property is on Well & septic systems therefore the owner supplies Water, sewer, trash, electric, lawn & cable. Newer metal roof installed in 2016 and completely painted on the exterior in 2023. The 5th unit, the single wide mobile home that was completely renovated with new showers, tub, kitchen, appliances, flooring and paint this October and rents for $2000/m. Many of the other units have also been renovated. This is a turn key operation, in good condition with good long term tenants in a good location near major highways and lots of job opportunities including 5 minutes to the Hard Rock Casino. Rent analysis provided by the seller has the cap rate currently at 8.5%
| Price History | |
|---|---|
| 11/15/2023 | Listed $795,000 |
| 1/5/2024 | 6% - $750,000 |
| 2/1/2024 | 14% - $650,000 |
| 5/29/2024 | 9% - $595,000 |
General Features
| Interior Features | Ceiling Fan(s) |
|---|---|
| Sewer | Septic Tank |
| Heating | Central,Electric |
| Cooling | Wall/Window Unit(s) |
| Utilities | Cable Connected |
| Roof | Metal,Shingle |
| Exterior Features | Fenced,Sidewalk |
| Zoning | RDC-12 |
| Construction Materials | Metal Frame,Stucco,Vinyl Siding,Wood Frame |
| Year Built | 1940 |
| Property SubType | Multi Family |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Gross Income | 73200 |
| County | Hillsborough |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Subdivision Name | EASY WAY SUB |
| Garage Y/N | No |
| Status | Active |
| Directions | Take MLK Jr Blvd to Orient Rd South. Property on the east side of Orient Rd across from Delano Ave |
| ModificationTimestamp | 2024-05-28T21:47:46.363Z |
| City | TAMPA |
| Buyer Agent Compensation | 2.5% |
| View Y/N | No |
| Senior Community Y/N | No |
| NumberOfUnitsTotal | 5 |
| MLS Area | 33619 - Tampa / Palm River / Progress Village |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 36756 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 7071 |
| Ok to Lease | 12 Months |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | Yes |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/T3484482 |
| Days on Market | 193 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Lot | 7 |
| Total Actual Rent | 6100 |
| Legal Description | EASY WAY SUBDIVISION LOT 7 LESS W 5 FT FOR R/W |
| Minimum Lease | No Minimum |
| Water Access Y/N | No |
| Water View Y/N | No |
| Flood Zone Code | X |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Total Bedrooms | 6 |
| LivingAreaSource | Public Records |
| Total Baths | 5 |
Exterior Features
| Water Source | Well |
|---|---|
| Lot Size Area | 36756 |
| Foundation Details | Slab |
| Number of Buildings | 3 |
| Lot Size Acres | 0.84 |
| Road Surface Type | Dirt |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 33619
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on June 26, 2024 6:22 AM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
