Income Producing Rental Property For Sale
Location Florida,United States
Asking Price Range < $250K
Gross Revenues $47300
Net Profit / Cash Flow $37620
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1999
Number of Employees 1 - 3
Inventory 225000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training 30 Day Transition No Charge
Reason for Sale Owner Retiring
Description ''BIG PRICE REDUCTION''! One land parcel with 5 fully rented houses. The net rental income AFTER all expenses (property taxes, insurance, maintenance) is $37620 a year! That calculates to 22% capitalization rate. Property Details: Seffner/Mango Area of East Hillsborough County. 5 Rental units: 1700sf Block, 906sf Frame, 784sf Frame, 816sf Block, 450sf Block. Land .83 acre. Taxes: $2566 for 2011. Property is in good repair. Tenants are long term, weekly payments with no collection problems. Owner Said, 'Bring All Cash Offers'!
Asking: $169,000 Call Joel Walker at 813-817-7558
Click Here To Contact Seller
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