Blue Realty

4507-4517 E GIDDENS AVENUE

TAMPA , FL 33610

MLS#: TB8398696

$1,943,700

Status: Active
Listing number: TB8398696
Listing provided by: YOU FIRST REALTY AND ASSOC LLC
Listing agent phone: None
Last update: 2 days ago
On site: 3 months ago
Browse Properties
HILLSBOROUGH HEIGHTS EAST A RE - Residential Income

Property

Beds

24

Full Baths

None

1/2 Baths

None

Year Built

1974

Sq.Footage

8,424

Package listing only 1031 TAX EXCHANGE friendly!!! ****** Please bring all offers, seller likes to negotiate! 100% occupied 6 Duplexes for Sale. Prime Investment Opportunity!** This exceptional investment opportunity features six duplexes, totaling 12 income-producing units, all conveniently located next to each other. Situated in the heart of Tampa. Each unit features 2 bedrooms and 1 bathroom. Tenants pay all utilities, reducing landlord expenses Each unit has separate water and electric meters. Landlord only pays for landscaping, Taxes, Sewage & Insurance. One unit recently rented for $1,563/month. Tampa Housing Authority offers $1,771/month for 2-bedroom, 1-bathroom units in the same zip code Property is currently rented for $11,753 per month, equating to an annual gross income of $141,036 The property is currently under-rented, providing significant potential to increase rents to market rates. Tampa housing shows a payment standard of $1771 a month if you were to get all units rented with Tampa housing that’s a potential annual gross rent of $21,252 per month X 12 months = $255,024 With tenants responsible for their utilities and minimal landlord expenses, these units generate substantial rental income.There's significant potential to increase rents to match market rates, maximizing returns on investment.Proximity to major amenities and transportation hubs ensures high demand and occupancy rates.These properties offer easy access to shopping centers, gyms,Hard Rock Casino,Walmart, USF, I-275, I-4, Busch Gardens, Downtown Tampa, and more. Schedule a viewing today to explore this cash cow investment before it's no longer available. This is a prime opportunity to secure a high-yield property in a rapidly growing area. *** Potential seller financing available with 50% down Expenses - Insurance $18,000 annual Taxes $14,347.48 Lawn care $3600 annual Annual Expenses =$35,947.48-$133,356 Gross rents = Net Income $97,408.52 4507 E Giddens ave Tampa Florida 33610 Unit A - $1563 lease ends 06/2025 Unit B- $1,000 month to month =$2536 per month 4509 E Giddens ave Tampa Florida 33610 Unit A -$1000 month to month Unit B -$850 month to month =$1850 per month 4511 E Giddens ave Tampa Florida 33610 Unit A -$825 Unit B -$900 month to month =$1725 per month 4513 E Giddens ave Tampa Florida 33610 Unit A-$800 month to month Unit B-$900 month to month =$1700 per month 4515 E Giddens ave Tampa Florida 33610 Unit A -$850 month to month Unit B -$900 month to month =$1750 per month 4517 E Giddens ave Tampa Florida 33610 Unit A-$800 month to month Unit B-$725 month to month =$1525 per month( package listing only)

Features & Amenities

Interior

  • Total Bedrooms

    24

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Other Exterior Features

    Other

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.68

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $1,943,700

  • Tax Amount

    14347.0

  • Sq. Footage

    8, 424

  • Price/SqFt

    $230

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Septic Tank

  • Tax Lot

    20

  • Water Source

    Public

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Location

County

Hillsborough

Elementary School

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High School

Listing Courtesy of Ramez Lahham , YOU FIRST REALTY AND ASSOC LLC

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(941) 699-6390

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Package listing only 1031 TAX EXCHANGE friendly!!! ****** Please bring all offers, seller likes to negotiate! 100% occupied 6 Duplexes for Sale. Prime Investment Opportunity!** This exceptional investment opportunity features six duplexes, totaling 12 income-producing units, all conveniently located next to each other. Situated in the heart of Tampa. Each unit features 2 bedrooms and 1 bathroom. Tenants pay all utilities, reducing landlord expenses Each unit has separate water and electric meters. Landlord only pays for landscaping, Taxes, Sewage & Insurance. One unit recently rented for $1,563/month. Tampa Housing Authority offers $1,771/month for 2-bedroom, 1-bathroom units in the same zip code Property is currently rented for $11,753 per month, equating to an annual gross income of $141,036 The property is currently under-rented, providing significant potential to increase rents to market rates. Tampa housing shows a payment standard of $1771 a month if you were to get all units rented with Tampa housing that’s a potential annual gross rent of $21,252 per month X 12 months = $255,024 With tenants responsible for their utilities and minimal landlord expenses, these units generate substantial rental income.There's significant potential to increase rents to match market rates, maximizing returns on investment.Proximity to major amenities and transportation hubs ensures high demand and occupancy rates.These properties offer easy access to shopping centers, gyms,Hard Rock Casino,Walmart, USF, I-275, I-4, Busch Gardens, Downtown Tampa, and more. Schedule a viewing today to explore this cash cow investment before it's no longer available. This is a prime opportunity to secure a high-yield property in a rapidly growing area. *** Potential seller financing available with 50% down Expenses - Insurance $18,000 annual Taxes $14,347.48 Lawn care $3600 annual Annual Expenses =$35,947.48-$133,356 Gross rents = Net Income $97,408.52 4507 E Giddens ave Tampa Florida 33610 Unit A - $1563 lease ends 06/2025 Unit B- $1,000 month to month =$2536 per month 4509 E Giddens ave Tampa Florida 33610 Unit A -$1000 month to month Unit B -$850 month to month =$1850 per month 4511 E Giddens ave Tampa Florida 33610 Unit A -$825 Unit B -$900 month to month =$1725 per month 4513 E Giddens ave Tampa Florida 33610 Unit A-$800 month to month Unit B-$900 month to month =$1700 per month 4515 E Giddens ave Tampa Florida 33610 Unit A -$850 month to month Unit B -$900 month to month =$1750 per month 4517 E Giddens ave Tampa Florida 33610 Unit A-$800 month to month Unit B-$725 month to month =$1525 per month( package listing only)

4507-4517 E GIDDENS AVENUE

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