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1101 E LOTUS AVE Tampa, FL 33612
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Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,296 sqft
Price per Sqft $381
Subdivision Castle Heights Map
MLS Listing ID U8109192
Sold Date 05/28/21
Construction Status Other Contract Contingencies
HOA Y/N No
Year Built 1965
Annual Tax Amount $3,875
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 100x104
Property Description
This listing consists of 5 Duplexes on 4 different parcels totaling 10 units – 8204 Hillsborough Lane, 8503 N Semmes Street, 8309 N Marks Street, and 1101-1107 Lotus Ave. All Properties are currently being used as rentals and are fully occupied. There is room to increase all rents to a market rate and yield a Cap Rate of around 7.25%, and a Going-In Cap Rate of 6.46%. Please email both listing agents for more information.
Location
State FL
County Hillsborough
Community Castle Heights Map
Zoning RS-50
Interior
Heating Other
Cooling Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Other
Utilities Available Other
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Construction Status Other Contract Contingencies
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with SMITH & ASSOCIATES REAL ESTATE
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