Multifamily
Six Building Duplex Tampa
4517 E Giddens Ave, Tampa, FL 33610
Listing Price: $1,799,000
Investment Overview
Property is six separate Duplex's - 12 units total. 100% occupied at below market rents. All tenants are on M-T-M leases with immediate upside. Unit was remodeled within last 6 months. Located in East Tampa which is Tampa’s Smallest Multifamily Submarket. Limited New Construction Over the Past Few Years Has Helped Keep Vacancy low at 3.6%.
Six Building Duplex Tampa
Investment Highlights
- 6 Separate Duplex Parcels all adjoining
- Below Market Rents which can be increased 30% with remodeled turnover on units (see recent Interior remodel pictures)
- All Buildings had exterior painting done June 2023
- Walking Distance to all K-12 Schools
- Laundry Services located within 1 block of property
- Strong Demographics: Population Exceeds 230,300 Within 5-Miles, Projected to Grow by 2027
- Property Is Situated 20 Minutes East of Tampa International Airport and 15 Minutes from Downtown Tampa
- Located Near Multiple National Retail Tenants Such as Walmart Supercenter, Family Dollar, Walgreens, Ross, Wingstop McDonald's, Arby's, Wendy's, Denny's, 7-Eleven, Circle K and More.
Listing Price: $1,799,000
Investment Highlights
- 6 Separate Duplex Parcels all adjoining
- Below Market Rents which can be increased 30% with remodeled turnover on units (see recent Interior remodel pictures)
- All Buildings had exterior painting done June 2023
- Walking Distance to all K-12 Schools
- Laundry Services located within 1 block of property
- Strong Demographics: Population Exceeds 230,300 Within 5-Miles, Projected to Grow by 2027
- Property Is Situated 20 Minutes East of Tampa International Airport and 15 Minutes from Downtown Tampa
- Located Near Multiple National Retail Tenants Such as Walmart Supercenter, Family Dollar, Walgreens, Ross, Wingstop McDonald's, Arby's, Wendy's, Denny's, 7-Eleven, Circle K and More.
Investment Overview
Property is six separate Duplex's - 12 units total. 100% occupied at below market rents. All tenants are on M-T-M leases with immediate upside. Unit was remodeled within last 6 months. Located in East Tampa which is Tampa’s Smallest Multifamily Submarket. Limited New Construction Over the Past Few Years Has Helped Keep Vacancy low at 3.6%.
