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14 Hamilton Heath Drive, Tampa, Florida 33604

  • $824,000
  • $829,000
14 HAMILTON HEATH DRIVE, Tampa, FL 33604
Closed Completed
14 Hamilton Heath Drive, Tampa, Florida 33604
14 HAMILTON HEATH DRIVE, Tampa, FL 33604
  • $824,000
  • $829,000

Overview

Property ID: HZT3456035
  • Quadruplex, Residential Income
  • Property Type
  • 3791
  • Sqft
  • 1926
  • Year Built

Description

This multifamily property is an absolute GEM — all units are oversized with spotless kitchens and bathrooms + beautiful hardwood floors and walk-in closets. Live in one unit and rent to wonderful, long-term tenants or keep renting all four units on this perfect street just minutes away from the river and Tampa’s best coffee shops, bars, and restaurants (10 minute drive to Armature Works). As an investment, the fourplex is a owner’s dream: with overwhelming demand for apartments (two 2/1s and two 1/1s) in Seminole Heights; the entire property was fenced and covered in pavers so no monthly landscaping required + no HOA; in 2021, electrical was completely replaced, trees were trimmed, and roof was recoated; tenants pay for utilities (monthly credit given for water) and washer/dryer already set-up for units; truly, this property has been meticulously maintained and the tenants are kind professionals who were well-vetted with average time in unit >5 years. Currently a 6.5% cap rate but close to 8% with at-markets rents. Managing the property is easy and headache-free. Looking for the right buyer who is excited about all the amazing things that will continue to come to Tampa. Will work with 1031 buyers who need timeline flexibility. Note: please respect the tenants and property. There are cameras covering the entire premises and no one is allowed on the property without the owner’s approval.

  • Address 14 HAMILTON HEATH DRIVE
  • City TAMPA
  • State/county FL
  • Zip/Postal Code 33604
  • Country US

Details

Updated on May 3, 2024 at 1:25 pm
  • Property ID: HZT3456035
  • Price: $824,000
  • Property Size: 3791 Sqft
  • Land Area: 0.14 Acres
  • Year Built: 1926
  • Property Type: Quadruplex, Residential Income
  • Property Status: Closed

Additional details

  • Listing Terms: Cash, Conventional, FHA
  • Roof: Membrane
  • Utilities: Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Ceramic Tile, Wood
  • County: Hillsborough
  • Property Type: Residential Income
  • Parking: Driveway, Oversized

Features

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