7512 E 21st Avenue
TAMPA, FL 33619

  • – beds
  • – baths
  • 2,030 sqft
  • 12,000 sqft lot
  • $150 per sqft
  • 1930 build
  • on site

More homes

Massive Price Reduction & the capitalization rate on the duplex speaks volumes. Excellent cash flowing property with long term tenants in place. There are 2 separate buildings providing a 4BR/2BA, a 2BR/1.5BA duplex and a partially finished garage conversion. Seller is offering property at 9.67% Gross Cap Rate based on new list price with conversion the rate of return can be above 12%. There is plenty of room to maximize your margins. Investors take note as Seller says make it a Win-Win by offering below current market value based on GRM Analysis (attached). Best of all, the Seller did not just purchase and let the tenants pay rent. The Capital Improvements are endless meaning your needed contributions are minimal and cosmetic. Improvements include a New Roof (2018, 2021), New Cabinetry (2018), New Electrical Panel (2018, New A/C Unit (2018), New Flooring (2020), New Bathroom Vanities (2018, 2020)as well as New(2021) Windows, Doors, Siding and Roof on conversion. Everything on the exterior of conversion has been done. This property just makes sense as it is zoned RDC-12 meaning up to 12 units per acre. Better still, the property is surrounded by single family homes which shows in the upkeep of the neighborhood and is within five to fifteen minutes of varying area attractions such as downtown Ybor, TIA or MacDill AFB. Please do not disturb tenants. Leases are available upon request. Property is being sold As-Is.

My Florida Regional MLS DBA Stellar MLS logo Listing courtesy of STELLAR_MLS / IMPACT REALTY TAMPA BAY

Last checked: Checking… • Last updated Apr 27, 2023 •

MLS# U8126991 —

Never miss new listings

Be the first to know about new listings between $250,000–$400,000 in this neighborhood

* indicates a required field

We’ll never spam you or sell your details. You can unsubscribe whenever you’d like.

Explore the Area

Map View Options

My Commute

Soundscore™

Provided by HowLoud

Max Internet Speed

Spectrum

Provided by BroadbandNow®

View a full report

Sale history

Date Event Source Price % Change
10/26/12
STELLAR_MLS $21,000
10/26/12
STELLAR_MLS $21,000

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

Want to see similar homes for sale?


Multifamily Sold on 9/21/2021

$305,000

Want to see similar homes for sale?

Newest listings in East Lake-Orient Park, FL

Similar sold homes

My Florida Regional MLS DBA Stellar MLS logo Listing Courtesy of: STELLAR_MLS and IMPACT REALTY TAMPA BAY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

Copyright © 2024 Estately, Inc. Data displayed here has not been verified by Estately.