14 Hamilton Heath Drive, Tampa, FL 33604 | MLS T3456035 | Listing Information | Align Right Realty
SOLD
$765,000
Date 05/01/2024

14 Hamilton Heath Drive
Tampa, FL 33604

Fourplex, Multi-Family
Residential
3,752
Sq. Ft.
0.14
Acre Lot
Courtesy: HOMECOIN.COM, 888-400-2513
Align Right Realty> Florida> Tampa> 33604
This multifamily property is an absolute GEM -- all units are oversized with spotless kitchens and bathrooms + beautiful hardwood floors and walk-in closets. Live in one unit and rent to wonderful, long-term tenants or keep renting all four units on this perfect street just minutes away from the river and Tampa's best coffee shops, bars, and restaurants (10 minute drive to Armature Works).As an investment, the fourplex is a owner's dream: with overwhelming demand for apartments (two 2/1s and two 1/1s) in Seminole Heights; the entire property was fenced and covered in pavers so no monthly landscaping required + no HOA; in 2021, electrical was completely replaced, trees were trimmed, and roof was recoated; tenants pay for utilities (monthly credit given for water) and washer/dryer already set-up for units; truly, this property has been meticulously maintained and the tenants are kind professionals who were well-vetted with average time in unit >5 years. Currently a 6.5% cap rate but close to 8% with at-markets rents.Managing the property is easy and headache-free. Looking for the right buyer who is excited about all the amazing things that will continue to come to Tampa. Will work with 1031 buyers who need timeline flexibility.Note: please respect the tenants and property. There are cameras covering the entire premises and no one is allowed on the property without the owner's approval.
T3456035
Residential - Fourplex, Multi-Family, Other
1926
Hillsborough
0.14 Acres
Public
Wood
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: HOMECOIN.COM, 888-400-2513


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