BEDS6
BATHS
SQUARE FEET1,715
MLS#TB8551670
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONTAMPA OVERLOOK
Property Description
Prime Investment Opportunity: Fully Occupied Duplex in Tampa! 1031 Tax Exchange Friendly! No HOA. No CDD. Bring all offers - the seller is open to negotiation.Discover a strong investment opportunity at 1504 E Poinsettia Ave, Tampa, FL 33612. This fully occupied duplex sits in a high-demand Tampa rental market and features two income-producing 3-bedroom, 1-bathroom units. Both units have their own laundry room. With no HOA and no CDD, this is an easy add for a first-time investor or anyone expanding an existing portfolio. This is a cash cow.Financial highlights Unit A: $2,066/month - lease through 04/30/2027 Unit B: $1,995/month - lease expired 01/31/2025 (tenant in place) Total monthly income: $4,061 Annual gross income: $48,732Landlord responsibilities Water (average monthly bill: $250)Tenant responsibilities ElectricityStable tenants, solid cash flow, and house-hacking potential - live in one side and rent the other while building equity in Tampa. Don't miss it. Contact us today to schedule a showing. Roof was replaced in 2023Located in the heart of Tampa Bay, close to shopping centers, USF, gyms, Publix, and Target. Walking distance to the bus, with easy access to I-275 and I-4, plus nearby Ybor City. About 35 minutes from Clearwater Beach, known worldwide for its white sandy beaches.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.22 Acres
Roof Type: Shingle
Taxes: $5,150
Year Built: 1990
Amenities
Ceiling Fans(s)
Window Treatments
Lighting
Feature Descriptions
Annual Net Income: 37381.00
Community Features: Street Lights
Days on Site: 4
Directions: Heading south on Nebraska turn left onto E bougainvillea right onto 15th street north turn left onto E poinsettia and itâ??s the second property to the left
Exterior: Block
Flood Zone Code: X
Foundation: Block, Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.22
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: Electricity Available, Sewer Available, Water Available
Water: Public
Water Access Y/N: No
Zoning: RS-50
Listed By / Shown By
Listed By
Agency Name: YOU FIRST REALTY AND ASSOC LLC
Agency Contact: 813-458-6686
Shown By
Agency Title: Florida Executive Realty
Agency Phone: 813-908-8500
Estimate Your Payment
Estimated Payment
$ 1,637.19 per month $1,068.05 Principal & Interest $429.17 Property Tax $139.97 Homeowner's Insurance
1504 E Poinsettia Avenue | MLS# TB8551670
This multi-family property located at 1504 E Poinsettia Avenue , Tampa, FL 33612 is currently listed for sale with an asking price of $479,900. Search Tampa real estate on www.floridaexecutiverealty.com today.