Excellent income opportunity two adjacent buildings (includes adjacent property - 1637 E Mulberry Folio ) recently updated consisting of total of 4 units - 2 Bedrooms, 1 Bathroom each. Private paved parking for 4 cars each unit. Attainable gross income in excess of $3800 per month $45, 600 per annum THIS AFFORDS A Cap rate return of 8.5% at a Net Annual income of $36, 206. Proforma statement available upon request. Units were previously purchased individually and are now being sold as a complete package. Extra Value Each building sits on beautiful riverside lots of just under 1 4 acre with capability to boat or fish from the gardens, with access downriver to Tampa Bay. With the growth of demand in the neighborhood these lots are in high demand.
Sold for $139,181 on 05/09/24
$139,181
1635 E Mulberry Dr, Tampa, FL 33604
4beds
1,504sqft
MultiFamily
Built in 1985
-- sqft lot
$343,400 Zestimate®
$93/sqft
$2,447 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
Features
- Washer/Dryer Hookup
- Flooring: Tile
- Has fireplace: No
Interior area
- Total interior livable area: 1,504 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Stucco, Cement / Concrete
- Has view: Yes
- View description: Park, Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 8,550 sqft
Details
- Parcel number: 19283046T000000004550A
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Roof: Metal
Condition
- Year built: 1985
Utilities & green energy
- Utilities for property: Public Utilities, City Water
Community & neighborhood
Location
- Region: Tampa
Other
Other facts
- Exterior Construction: Block
- Exterior Features: Sliding Doors, Fenced, Gutters / Downspouts
- Financing Available: Cash, Conventional, Seller Financing
- Heatingand Fuel: Central
- Interior Layout: Eating Space In Kitchen
- Last Change Type: Back On Market
- Listing Type: Exclusive Right to Sell
- Location: Street Paved, Park View
- Ownership: Fee Simple
- Status: Active
- Utilities: Public Utilities, City Water
- Special Listing Type: Not Applicable
- Square Foot Source: Public Records
- Interior Features: Washer/Dryer Hookup
- Garage Features: Assigned Parking
- Last Status: Pending
- Water Access: River
- Office Primary Board ID: Tampa
- Property Style: Four Units
- Property Type: Income
- Property Description: Detached
- Ownership: Fee Simple
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Estimated market value
$343,400