Property Description
Investment Revenue-Generating Duplex. This block duplex promises a consistent cash flow, boasting an impressive average rental income of $1,695 per month per unit. Each of the spacious 3-bedroom, 2-bathroom apartments is thoughtfully designed for optimal comfort, featuring an open floorplan, galley style kitchen, in-unit laundry room, and a main bedroom with an ensuite bath, along with two generously sized additional bedrooms. Currently occupied by reliable tenants, who also contribute $70-$75 for water/trash in addition to rent. With separate electrical meters, the financial responsibility shifts to the tenant, safeguarding your profits. While these two units have not undergone full updates like others in this portfolio, the current tenants are paying market rate, leaving room for growth and value-added enhancements for future renovations. Situated in a neighborhood witnessing new construction homes, this investment transcends typical real estate—it’s a strategic opportunity nestled in the thriving heart of Tampa. Close to major retail giants such as Home Depot, Lowe’s, Walmart, and other bustling stores, the potential for increased returns is not just evident but undeniable. *****You can purchase this duplex individually or acquire not one, not two, but THREE contiguous block duplexes, forming a solid block of SIX income-producing units. (3402, 3404,3406 Phillips St.) for a package deal of $1.4M. Act swiftly and make this sound investment yours.
Features
Heating System:
Central
Cooling System:
Central Air
Exterior Features:
Other
Flooring:
Tile
Interior Features:
Ceiling Fans(s), Open Floorplan, Living Room/Dining Room Combo
Laundry Features:
Inside
Sewer:
Public Sewer
Utilities:
Cable Available, Electricity Available, Sewer Available, Water Connected, BB/HS Internet Available
Appliances
Appliances:
Range, Refrigerator
Address Map
Country:
US
State:
FL
County:
Hillsborough
City:
Tampa
Subdivision:
GRANT PARK
Zipcode:
33619
Street:
PHILLIPS
Street Number:
3402
Street Suffix:
STREET
Longitude:
W83° 36' 1.5''
Latitude:
N27° 58' 27.6''
Directions:
Travel on i4 east, take exit 3 (Columbus dr) , left into 50th st , right at e. 26th ave , left at n phillips st, corner Lot first property on your left , 3 duplexes In a row.
Mls Area Major:
33619 - Tampa / Palm River / Progress Village
Zoning:
RM-16
Additional Information
Lot Size Dimensions:
51x113
Water Source:
Public
Virtual Tour:
https://www.propertypanorama.com/instaview/stellar/T3503015
On Market Date:
2024-02-13
Number Of Units Total:
2
Lot Features:
Corner Lot
Levels:
One
Foundation Details:
Slab, Block
Construction Materials:
Block, Concrete, Stucco
Financial
Tax Annual Amount:
4074
Listing Information
List Agent Mls Id:
261548850
List Office Mls Id:
781263
Listing Term:
Cash,Conventional,FHA,VA Loan
Mls Status:
Canceled
Modification Timestamp:
2024-04-03T04:32:08Z
Originating System Name:
Stellar
Special Listing Conditions:
None
Status Change Timestamp:
2024-04-03T04:30:23Z

Residential Income For Sale

3402 Phillips Street, Tampa, Florida 33619

6 Bedrooms
4 Bathrooms
1,872 Sqft
$465,000
Listing ID #T3503015
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Listing ID :
T3503015
Price :
$465,000
Bedrooms :
6
Bathrooms :
4
Square Footage :
1,872 Sqft
Year Built :
1989
Lot Area :
0.13 Acre
Property Sub Type :
Duplex
Roof:
Shingle
Contact Agent

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