Prime Investment Opportunity: Fully Occupied Duplex in the Heart of Tampa **1031 TAX EXCHANGE Friendly!** **Bring all offers; the seller is open to negotiation!** Discover an exceptional investment opportunity with this fully occupied duplex, ideally located in the vibrant heart of Tampa. This prime property boasts two income-producing units, each featuring 2 bedrooms and 1 bathroom. **Financial Highlights: Unit A: ** Rented at $1, 563/month - **Unit B: ** Rented at $1, 000/month - Total Monthly Income: $2, 563 Annual Gross Income $30, 756 **Landlord Responsibilities- Lawn care, Taxes and Insurance. Tenant Responsibilities - Electricity. This duplex delivers substantial rental income and benefits from its strategic location, ensuring high demand and consistent occupancy rates. Residents enjoy convenient access to an array of amenities and transportation hubs, including shopping centers, gyms, Hard Rock Casino, Walmart, USF, I-275, I-4, Busch Gardens, Downtown Tampa, and more. **Investment Benefits: ** - High-yield property in a rapidly growing area - Strong and stable rental income - Close proximity to essential services and entertainment options Seize this lucrative investment opportunity today. Schedule a viewing to explore this cash-generating property before it’s gone. Secure your future with this prime, high-yield investment in Tampa's thriving market. ( Seller has 6 duplexes next to each other. These have to be sold altogether. Here’s the addresses and information on them)
4507 E Giddens ave Tampa Florida 33610
Unit A - $1563 lease ends 06/2025
Unit B- $1, 000 month to month
=$2536 per month
4509 E Giddens ave Tampa Florida 33610
Unit A -$1000 month to month
Unit B -$850 month to month
=$1850 per month
4511 E Giddens ave Tampa Florida 33610
Unit A -$825
Unit B -$900 month to month
=$1725 per month
4513 E Giddens ave Tampa Florida 33610
Unit A-$800 month to month
Unit B-$900 month to month
=$1700 per month
4515 E Giddens ave Tampa Florida 33610
Unit A -$850 month to month
Unit B -$900 month to month
=$1750 per month
4517 E Giddens ave Tampa Florida 33610
Unit A-$800 month to month
Unit B-$725 month to month
=$1525 per month
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$366,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $293,520 | $293,520 | $293,520 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $199 | $199 | $199 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,002 | $1,951 | $2,475 |
Total Monthly Payment | $2,276 | $2,225 | $2,749 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.