4507-4517 E Giddens Avenue Tampa Florida | Home for Sale

To schedule a showing of 4507-4517 E Giddens Avenue, Tampa, Florida, Call David Shippey at 863-521-4517 TODAY!

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4507-4517 E Giddens Avenue Tampa, FL 33610

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$2,346,700 | N/A beds | N/A full baths | N/A half baths | 8,424 sqft

$2,346,700 Reduced -$100

4507-4517 E Giddens Avenue
Tampa, FL 33610

N/ABeds
0.00Total Baths
0 Full, 0 HalfBaths
8,424SqFt
1974Year Built
0.68Acres

MLS# T3535251
Income
MultiFamily
Active

Approx Time on Market3 months, 1 day
Area33610 - Tampa / East Lake
CountyHillsborough
Subdivision Hillsborough Heights East A Re

Overview

1031 TAX EXCHANGE friendly!!! ****** Please bring all offers, seller likes to negotiate! 100% occupied 6 Duplexes for Sale. Prime Investment Opportunity!**This exceptional investment opportunity features six duplexes, totaling 12 income-producing units, all conveniently located next to each other. Situated in the heart of Tampa. Each unit features 2 bedrooms and 1 bathroom. Tenants pay all utilities, reducing landlord expensesEach unit has separate water and electric meters. Landlord only pays for landscaping, Taxes, Sewage & Insurance. One unit recently rented for $1,563/month. Tampa Housing Authority offers $1,771/month for 2-bedroom, 1-bathroom units in the same zip codeProperty is currently rented for $11,113 per month, equating to an annual gross income of $133,356The property is currently under-rented, providing significant potential to increase rents to market rates. Tampa housing shows a payment standard of $1771 a month if you were to get all units rented with Tampa housing thats a potential annual gross rent of $21,252 per month X 12 months = $255,024With tenants responsible for their utilities and minimal landlord expenses, these units generate substantial rental income.There's significant potential to increase rents to match market rates, maximizing returns on investment.Proximity to major amenities and transportation hubs ensures high demand and occupancy rates.These properties offer easy access to shopping centers, gyms,Hard Rock Casino,Walmart, USF, I-275, I-4, Busch Gardens, Downtown Tampa, and more.Schedule a viewing today to explore this cash cow investment before it's no longer available. This is a prime opportunity to secure a high-yield property in a rapidly growing area. *** Potential seller financing available with 50% down.Total Income - $11,113per month X12 month = $133,356 Gross annual rent Expenses -Insurance $18,000 annual Taxes $14,347.48Lawn care $3600 annual Annual Expenses =$35,947.48-$133,356 Gross rents =Net Income $97,408.524507 E Giddens ave Tampa Florida 33610Unit A - $1563 lease ends 06/2025 Unit B- $1,000 month to month =$2536 per month 4509 E Giddens ave Tampa Florida 33610Unit A -$1000 month to month Unit B -$850 month to month =$1850 per month 4511 E Giddens ave Tampa Florida 33610Unit A -$825Unit B -$900 month to month =$1725 per month 4513 E Giddens ave Tampa Florida 33610Unit A-$800 month to month Unit B-$900 month to month =$1700 per month 4515 E Giddens ave Tampa Florida 33610Unit A -$850 month to month Unit B -$900 month to month =$1750 per month 4517 E Giddens ave Tampa Florida 33610Unit A-$800 month to month Unit B-$725 month to month =$1525 per month Tampa housing payment standard https://www.tampaha.org/payment-standards

Agriculture / Farm

Grazing Permits Blm: ,No,

Grazing Permits Forest Service: ,No,

Grazing Permits Private: ,No,

Horse: No

Association Fees / Info

Senior Community: No

Association: ,No,

Bathroom Info

Total Baths: 0.00

Building Info

Roof: Shingle

Building Area Source: PublicRecords

Buyer Compensation

Exterior Features

Pool Private: No

Exterior Features: Other

Fees / Restrictions

Financial

Gross Income: 133,356

Original Price: $2,400,000

Garage / Parking

Open Parking: No

Attached Garage: No

Garage: No

Carport: No

Green / Env Info

Irrigation Water Rights: ,No,

Interior Features

Fireplace: No

Spa: No

Laundry Features: None

Interior Features: LivingDiningRoom

Lot Info

Direction Remarks: East on Hillsborough avenue right onto 45th street left onto E Giddens. Property is on your right

Number of Lots: 6

Lot Size Units: Acres

Lot Size Acres: 0.68

Lot Sqft: 30,000

Misc

Other

Special Conditions: None

Other Rooms Info

Basement: No

Property Info

Habitable Residence: ,No,

Section: 04

Class Type: MultiFamily

Property Sub Type: MultiFamily

Property Attached: No

New Construction: No

Construction Materials: Block

Mobile Home Remains: ,No,

Foundation: Slab

Home Warranty: ,No,

Human Modified: Yes

Sqft Info

Sqft: 8,424

Bulding Area Sqft: 8,856

Living Area Units: SquareFeet

Living Area Source: PublicRecords

Tax Info

Tax Year: 2,023

Tax Lot: 20

Tax Legal Description: HILLSBOROUGH HEIGHTS EAST A REPLAT LOT 20

Tax Block: O

Tax Annual Amount: 14347

Tax Book Number: 29-97

Unit Info

Rent Controlled: No

Total Units: 12

Utilities / Hvac

Electric On Property: ,No,

Heating: Central, Electric

Water Source: Public

Sewer: SepticTank

Cool System: CentralAir

Cooling: Yes

Heating: Yes

Utilities: ElectricityAvailable, WaterAvailable

Waterfront / Water

Waterfront: No

View: No

Directions

East on Hillsborough avenue right onto 45th street left onto E Giddens. Property is on your right

This listing courtesy of You First Realty And Assoc Llc

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Price & Status History (on davidshippey.com since Wed, Jun 19th 2024)

Original Price: $2,400,000
Current Price: $2,346,700
Price Reduced: $53,300

Date Changed	From	To
09/14/2024	$2,346,800	$2,346,700 Reduced by $100
09/03/2024	$2,346,900	$2,346,800 Reduced by $100
08/26/2024	$2,347,000	$2,346,900 Reduced by $100
08/23/2024	$2,347,100	$2,347,000 Reduced by $100
08/21/2024	$2,347,400	$2,347,100 Reduced by $300
08/09/2024	$2,347,500	$2,347,400 Reduced by $100
08/07/2024	$2,347,600	$2,347,500 Reduced by $100
08/06/2024	$2,347,700	$2,347,600 Reduced by $100
08/04/2024	$2,347,800	$2,347,700 Reduced by $100
08/02/2024	$2,347,900	$2,347,800 Reduced by $100
07/31/2024	$2,348,000	$2,347,900 Reduced by $100
07/29/2024	$2,348,300	$2,348,000 Reduced by $300
07/23/2024	$2,348,400	$2,348,300 Reduced by $100
07/20/2024	$2,348,500	$2,348,400 Reduced by $100

Broker Reciprocity The information being provided by © 2024 My Florida Regional MLS DBA Stellar MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS. XCELLENCE REALTY, INC is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of XCELLENCE REALTY, INC, a broker participant of My Florida Regional MLS DBA Stellar MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. MLS IDX data last updated on 09-20-2024 3:27 PM EST.

Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.

This real estate website and IDX data is hosted by Dynamic IDX, LLC (843.637.2411)

If you have any questions on 4507-4517 E Giddens Avenue, Tampa, Florida, please call David Shippey at 863-521-4517.

MLS# T3535251 located at 4507-4517 E Giddens Avenue, Tampa, Florida is brought to you by David Shippey REALTOR®

4507-4517 E Giddens Avenue, Tampa, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 4507-4517 E Giddens Avenue, Tampa, Florida is T3535251.
The price for 4507-4517 E Giddens Avenue, Tampa, Florida is $2,346,700.
The status of 4507-4517 E Giddens Avenue, Tampa, Florida is Active.
The subdivision of 4507-4517 E Giddens Avenue, Tampa, Florida is Hillsborough Heights East A Re.
The home located at 4507-4517 E Giddens Avenue, Tampa, Florida was built in 2024.

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