$399,975
$399,975
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2,652 SqFt
SOLD DATE : 10/06/2020
Key Details
Sold Price $399,975
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,652 sqft
Price per Sqft $150
Subdivision Nebraska Ave Heights
MLS Listing ID U8089957
Sold Date 10/06/20
HOA Y/N No
Year Built 1974
Annual Tax Amount $3,900
Lot Size 0.360 Acres
Acres 0.36
Property Description
Rare, updated University quadraplex ready to cashflow for a new owner! Live in the 1/1 and rent out three 2 bedroom 1 bath units to have others pay your mortgage for you! The perfect property for an FHA buyer excited to get into the multifamily sector! 1406 E seneca features two 2 bed 1 bath units at approximately 700 sq/ft. 1408 E Seneca features one 2 bed 1 bath unit with a 1 car garage and enclosed back patio at approximately 1,015 sq/ft and a 1 bed 1 bath unit at 700 sq/ft. 1406 E Seneca was recently renovated in 2019, including all brand new roof. This CASH COW is truly future proof and ready to collect premium rent for updated condition. All tenants are long term tenants with 12 month leases in place. Alternatively the new owner could file for stress free, direct deposit via section 8 which currently support elevated rents here at: $850- 1/1, $1040 2/1. 1406 currently has windowed a/c systems, 1408 is all central HVAC. All tenants pay their own electric, and trash. Current Owner is covering tenants water, but could easily be transitioned to tenant paid for new owner moving forward. 1406 E Seneca and 1408 E Seneca are to be sold together as one transaction. Must have an appointment to view the property. DO NOT DISTURB TENANTS!
Location
State FL
County Hillsborough
Community Nebraska Ave Heights
Zoning RS-50
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Sidewalk
Garage Spaces 1.0
Utilities Available Electricity Connected, Sewer Connected
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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