6602 and 6604 S Juanita Street, Tampa, FL 33616

$749,000
3,456
SqFt
List Price
$749,000
Status
Active
Days on Market
4
MLS#
T3304083
Property Style
Duplex
Year Built
1983
Living Area
3,456
Lot Size
10,500
Acres
0.24
Total Acreage
0 to less than 1/4
Legal Subdivision Name
West Port
MLS Area Major
Tampa

Property Description

New roof and completely renovated unit leased at market rate! VALUE ADD PROPERTY. Excellent income opportunity 2 duplex buildings in the heart of South Tampa! All units are very easily rentable as in highly desirable area in growing Port Tampa; close to Westshore Yacht Club and Westshore Marina District. 3 of the tenants are long-standing tenants with more dated apartments, so room to maximize rents and create more value. Each unit has a large 1,700 sq ft garage. There may even be opportunity to convert these into more apartments. Tenants pay for water, sewer, electricity and garbage. Current contracted gross rental income is $54,000/year. Attainable gross rents of $67,200/year, based on increasing tenants to market rent of $1400/month. This affords a cap rate of 7% at a pro forma NOI of $52,008/year. See attached Pro Forma and Rent Roll. DO NOT DISTURB TENANTS.

Additional Information

Taxes
$6929
Annual Gross Income
54000
Location
Cul-De-Sac, Street Dead-End
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
RM-16
Floor
Ceramic Tile, Vinyl
Appliances
Range
Utilities
Cable Connected, Public
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Awning(s), Balcony
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
4 Car Garage
Garage Spaces
4
Garage Features
Parking Pad
Elementary School
West Shore-Hb
Middle School
Monroe-Hb
High School
Robinson-HB
Flood Zone Code
AE
Parcel ID
A-17-30-18-42D-000018-00015.0
Legal Description
WESTPORT LOTS 15 AND 16 AND W 1/2 OF CLOSED ALLEY ABUTTING ON E AND S 30 FT CLOSED ST ABUTTING LOT 16 ON N BLOCK 18

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of HIGHMARK REAL ESTATE.

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