3618 and 3616 E DR MARTIN LUTHER KING JR BLVD BLVD, Tampa, FL 33610
3618 and 3616 E DR MARTIN LUTHER KING JR BLVD BLVD, Tampa, FL 33610
3618 and 3616 E DR MARTIN LUTHER KING JR BLVD BLVD, Tampa, FL 33610
3618 and 3616 E DR MARTIN LUTHER KING JR BLVD BLVD, Tampa, FL 33610
3618 and 3616 E DR MARTIN LUTHER KING JR BLVD BLVD, Tampa, FL 33610
3618 and 3616 E DR MARTIN LUTHER KING JR BLVD BLVD, Tampa, FL 33610
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$ 649,999
Est. payment | /mo

8 Beds

4 Baths

2,288 SqFt


$ 649,999
Est. payment | /mo

8 Beds

4 Baths

2,288 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,288 sqft

Price per Sqft $284

Subdivision Montana City

MLS Listing ID TB8486065

Bedrooms 8

HOA Y/N No

Year Built 1965

Annual Tax Amount $3,190

Lot Size 0.400 Acres

Acres 0.4

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

Don't miss this income-producing block quadruplex in a prime Tampa location! This property is a strong cash-flow investment with excellent rental income and future development potential.

All units are rented out for totaling of $5674 a month and $67764, offering and attractive return on the investment and immediate upside for investors.

Situated on a large lot of nearly half an acre, the property also provides value-add potential, including the possibility to build an additional duplex in the future (buyer to verify with county).

Each unit features separate water and electric meters, and tenants are responsible for their own lawn maintenance, helping keep operating expenses low.

Recent updates include a new roof on one of the buildings, new flooring, fresh interior and exterior paint, and newer central A/C systems.

Conveniently located less than 10 minutes from Downtown Tampa, Raymond James Stadium, Seminole Hard Rock Casino, and major highways I-4 and I-275, this property offers both strong current income and long-term appreciation potential.

Location

State FL

County Hillsborough

Community Montana City

Area 33610 - Tampa / East Lake

Zoning CI

Interior

Interior Features Ceiling Fans(s)

Heating Central

Cooling Central Air

Fireplace false

Laundry None

Exterior

Exterior Feature Sidewalk

Utilities Available Electricity Available

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8486065

Stellar MLS
Listed by Hachem Fariad YOU FIRST REALTY AND ASSOC LLC

Schools and Properties Nearby

Grace Prescott

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3618 and 3616 E DR MARTIN LUTHER KING JR BLVD BLVD