Price: $310,000
MLS Number: T3448207
 Single Family
9410 10TH, Tampa, Florida 33612 USA
 Beds: 5
 
 Baths: 3
 
 Living Area: 2,077
 Total Square Feet: 2,982
 
 Lot Square Feet: 9,576
 
 HOA Fees: 
 Year Built: 1928
 
 Community: GATEWAY SUB
 
 Subdivision: GATEWAY SUB
 Elementary School: Forest Hills-HB
 
 Junior High: Adams-HB
 High School: Chamberlain-HB
 
About this Property
Incredible opportunity for investors or those seeking an in-law suite or house hack scenario! This property features a front house, a 3-bedroom, 2-bathroom bungalow encompassing approximately 1,377 square feet. Additionally, there is a back house, perfect for an in-law suite or additional rental income, consisting of a 2-bedroom, 1-bathroom layout spanning around 750 square feet. Currently, both units are rented month-to-month, providing immediate income! Both units are rented slightly below market value at $1,300 per month for the front house, and $1,050/month for the back house. Market rents for the front house and back house are right around $1,550 and $1,150 per month, totaling $2,700/month once rents are increased. With this potential rental increase, this property represents an amazing investment opportunity, boasting a 6.5% CAP rate based on proforma rents. Situated on a generous corner lot, this property offers ample space and potential for future equity growth. Both units enjoy their own private backyard areas, providing outdoor retreats for residents. Additionally, the property features an additional garage, offering valuable storage space. Each unit is separately metered for electricity but shares 1 water meter. The main home's roof has been recently replaced, ensuring long-term durability, while the roof of the mother-in-law suite is approximately 4 years old. Both units benefit from HVAC systems that are also around 4 years old. Centrally located, this property offers easy access to all the amenities and attractions that Tampa Bay has to offer. With convenient proximity to I-275, commuting and exploring the area is a breeze. Don't miss out on this outstanding investment opportunity. Schedule a viewing today and secure your next property in the thriving market of Tampa, FL!
Construction:Frame Exterior
Heat/Cool:Central Air Conditioning, Central Heat
Parking:Space(s)

About the Area

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