1635 E Mulberry Drive, Tampa, FL 33604

$425,000
1,504
SqFt
List Price
$425,000
Status
Active
Days on Market
11
MLS#
T2908370
Property Style
Four Units
Architectural Style
Bungalow
Year Built
1985
Living Area
1,504
Lot Size
8,550
Acres
0.2
Total Acreage
Up to 10,889 Sq. Ft.
Legal Subdivision Name
Fern Cliff
MLS Area Major
Tampa / Sulphur Springs

Property Description

Excellent income opportunity two adjacent buildings (includes adjacent property - 1637 E Mulberry Folio #150079-0100) 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 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.

Additional Information

Taxes
$3,635
Location
Park View, Street Paved
Property Description
Detached
Zoning
RS-50
Interior Layout
Eating Space In Kitchen
Interior Features
Washer/Dryer Hookup
Floor
Ceramic Tile
Appliances
Freezer
Utilities
Cable Available, City Water, Public Utilities
Heating
Central, Fuel - Electric
Air Conditioning
Central
Exterior Construction
Block
Exterior Features
Fenced, Gutters / Downspouts, Parking - Rv/Boat, Sliding Doors
Roof
Metal
Pool
None
Garage Carport
None
Garage Features
Assigned Parking
Total Units
2
Housing for Older Persons
N/A
Water View
River
Water Access
River
Water Frontage
River
Pets
Allowed
Flood Zone Code
AE

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of WEICHERT REALTORS YATES&ASSOC.

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