6204 GIBSONTON DR new

Gibsonton,FL 33534

$ 399000

14 Beds

6 Baths

2429 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,429 sqft

Price per Sqft $164

Subdivision Gibsonton On The Bay 3Rd Add

MLS Listing ID TB8411701

Bedrooms 14

HOA Y/N No

Year Built 1958

Annual Tax Amount $3,023

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Investor Opportunity! This property is part of a 4-property, 10-unit portfolio available individually or as a complete package. Located in the Gibsonton/Ruskin area, all properties are within 20 minutes of each other, making it an ideal setup for efficient management.

This specific property offers a new septic system installed, contributing to a portfolio-wide pro forma CAP rate of 10% and immediate 6-FIGURE cash flow. The entire portfolio is 80% stabilized with upside through lease-up and potential rent increases.

Location

State FL

County Hillsborough

Community Gibsonton On The Bay 3Rd Add

Area 33534 - Gibsonton

Zoning RSC-9

Interior

Interior Features Other

Heating Electric

Cooling Wall/Window Unit(s)

Fireplace false

Laundry Electric Dryer Hookup,Washer Hookup

Exterior

Exterior Feature Other

Utilities Available Cable Connected,Electricity Connected,Water Connected

Roof Type Metal

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Septic Tank

Water Public

Structure Type Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash,Other

Listing Terms Cash,Other

Special Listing Condition None

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