9410 11Th St, Tampa, FL 33612

2 Unit Apartment Building Offered at $390,000 at a 7.34% Cap Rate in Tampa, FL 33612

Asking Price $390,000

Property Type: Multifamily
Square Feet: 1,468 SF

Listing Contacts

Kurt Westfield

Property Overview

Cash-Flowing Duplex. Unit A leased at $1600/month. Unit B leased at $1600/month. Professionally managed. Renovated in 2023 to include new roof, new AC, new flooring, new appliances, plus upgraded plumbing & electrical. Tenants are paying their own utilities. Each unit comes with a spacious back and front yard separated from each other. No HOA or leasing restrictions! Close to I-275, USF, shopping, restaurants and Tampa attractions.
Cost Analysis Performed as Rental Property
In:
Rent - $38,400.00
Out:
(Annual) Property Taxes - $2,836.00
(Annual) Estimated Insurance - $1,982.00
(Annual) Property Management (Optional) - $3,456.00
(Annual) Estimated Utilities/Lawn/Repair/Misc. - $1,500.00
Total Costs - $9,774.00
Net: $28,626.00

Property Details

Year Built/Renovated: 1972/2023
Stories: 1
Lot Size (sq. ft): 9,583 SF
Units: 2

Highlights

Turnkey Rental Property
Currently Occupied and Professionally Managed
Recently Renovated

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