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New Listing - 5 Unit Investment property with $6100/month income - Completely Occupied with long leases. Property Zoning allows for multi-family up to 10 units on this location with .84 acre lot in a prime location. Concrete block construction and slab foundation on the 4 units + single wide renovated mobile home in the back of the property. There is also a maintenance man that lives at the property in Unit D - he pays rent and paid for any services separately. The entire property is on Well & septic systems therefore the owner supplies Water, sewer, trash, electric, lawn & cable. Newer metal roof installed in 2016 and completely painted on the exterior in 2023. The 5th unit, the single wide mobile home that was completely renovated with new showers, tub, kitchen, appliances, flooring and paint this October and rents for $2000/m. Many of the other units have also been renovated. This is a turn key operation, in good condition with good long term tenants in a good location near major highways and lots of job opportunities including 5 minutes to the Hard Rock Casino. Rent analysis provided by the seller has the cap rate currently at 8.5%

PROPERTY FEATURES

Utilities : Cable Connected Water Access : 0 Sewer : Septic Tank
Exterior Features : Fence Road Surface Type : Dirt Roof : Metal
Zoning : RDC-12
Heating : Central Cooling : Wall/Window Unit(s)
Construction Materials : Metal Frame
Interior Features : Ceiling Fans(s)

PROPERTY DETAILS

Street Address: 3619 ORIENT ROAD
City: Tampa
State: Florida
Postal Code: 33619
County: Hillsborough
MLS Number: T3484482
Year Built: 1940
Courtesy of BLUE SUN REALTY LLC

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