Property Attributes
- MLS#U8226530
- TypePending
- CountyHILLSBOROUGH
- CityTAMPA
- AreaTampa - Ybor City
- NeighborhoodLittle Cuba
- Zip33605
- StyleSingle Family Residence
- Year Built1964
- Taxes$ 3680
- Price$ 340,000
- Bedrooms8
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1339
- Lot Size8,276 SqFt
Data Source:
Stellar MLS
Property Description
Under contract-accepting backup offers. Generating over $6,200 per month in gross rental income ($74,000+ per year), this investment offers a unique combination of cash flow and turnkey management in a sought-after location. After expenses the CAP rate is over 10% and 11.3% cash-on-cash ROI. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit not only helps members save money and live closer to work but also provides an avenue for investors to achieve 3x+ cash flow. All members are professionally screened by PadSplit, required to pass a background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Sold with an optional top-rated super-host who coordinates cleaning and repairs, this property is ideal for any investor. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling. Part of a portfolio, contact the listing agent if you are interested in purchasing multiple properties with a similar setup and ROI. OFFER REQUIREMENTS: Do all due diligence before submitting an offer, $7,500 EMD, closing agent MUST be Heather Salvatoriello with The Close Agent.
Elementary School | Middle School | High School |
---|---|---|
Oak Park-HB Elementary School | Greco-HB Middle School | Middleton-HB High School |
Price History | |
---|---|
1/26/2024 | Listed $350,000 |
2/24/2024 | 3% - $340,000 |
General Features
Interior Features | Other |
---|---|
Sewer | Public Sewer |
Heating | Central |
Cooling | Central Air |
Utilities | Public |
Roof | Shingle |
Appliances | Dryer,Refrigerator,Washer |
Exterior Features | Awning(s),Lighting,Sidewalk |
Zoning | RS-50 |
Garage Spaces | 1 |
Construction Materials | Concrete |
Year Built | 1964 |
Levels | One |
Property SubType | Single Family Residence |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
County | Hillsborough |
New Construction | No |
Property Type | Residential |
HOA / Comm Assn | No |
Attached Garage | Yes |
Subdivision Name | LITTLE CUBA |
Facing Direction | North |
Garage Y/N | Yes |
Total Rooms | 13 |
Status | Pending |
Directions | From Tampa,Head north on US-41 BUS N/N Florida Ave toward E Tyler St,Turn right onto E Palm Ave,Turn left at Nuccio Pkwy,Continue onto N 15th St,Turn right onto E 21st Ave,Turn left onto N 32nd St,Tu |
High School | Middleton-HB |
City | TAMPA |
Buyer Agent Compensation | 3% |
Senior Community Y/N | No |
MLS Area | 33605 - Tampa / Ybor City |
Lot Size Square Feet | 8250 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | 22nd |
Listing Terms | Cash,Conventional |
Elementary School | Oak Park-HB |
Tax Annual Amount | 3680 |
Middle/Junior High School | Greco-HB |
Public Remarks | Under contract-accepting backup offers. Generating over $6,200 per month in gross rental income ($74,000+ per year),this investment offers a unique combination of cash flow and turnkey management in |
Lease Considered Y/N | Yes |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/U8226530 |
Days on Market | 61 |
Standard Status | Pending |
Tax Lot | 4 |
Legal Description | LITTLE CUBA LOT 4 AND E 1/2 OF LOT 5 BLOCK 7 |
Minimum Lease | No Minimum |
Water Access Y/N | No |
Water View Y/N | No |
Interior Features
Flooring | Terrazzo |
---|---|
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Full Baths | 2 |
Street Suffix | AVENUE |
Laundry Features | Inside |
Total Bedrooms | 8 |
LivingAreaSource | Public Records |
Total Baths | 2 |
Living Area Units | Square Feet |
Exterior Features
Water Source | Public |
---|---|
Lot Size Area | 8250 |
Foundation Details | Slab |
Building Area Total | 1729 |
Lot Size Acres | 0.19 |
Road Surface Type | Paved |
Lot Size Units | Square Feet |
Covered Spaces | 1 |
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