Great investment opportunity to pick up 2 single family homes located in Tampa. This property includes a 610 square foot home with 2 bedrooms and 1 bathroom. The second home towards the back of the property consists of a 232 square foot 1 bedroom studio with 1 bathroom. Both homes are noted in public records. The 2 bedroom unit has been updated and can be rented for $850 a month. The 1 bedroom unit will need a minimal rehab to make it rental ready, and once updated, it should rent for $400 a month. This property is ready for a new owner.
This Tampa Flip is located in the popular Wellswood Estate Neighborhood near St. Joseph’s Children’s Hospital. It needs minimal work to bring the property to its full potential market value. The property was previously used as a rental and appears to have very little deferred maintenance. Recent updates to the kitchen and bathrooms include granite counter tops. The home has tile flooring and laminate throughout. With a few minor updates, this one will be ready to sell.
Rare opportunity to pick up a 5 bedroom, 2.5 bathroom home in the heart of South Tampa. Comparables in this highly sought after neighborhood are going for approximately $265 per square foot. Our conservative ARV leaves plenty of room to make this a profitable opportunity for any investor no matter the level of experience. Needed repairs will consist of mostly cosmetic updates. Properties in this highly sought after area tend to move quickly.
Second story, 1 bedroom, 1 bathroom condo located in the desirable Highlands at Hunter Green neighborhood. The neighborhood includes exercise center, game room, billiards room, sparkling pool, and the unit includes a breakfast bar, and screened lanai with storage closet. Hunter’s Green has great walking areas that includes tennis courts, volleyball courts, newly built dog park, and Hunters Green Country Club’s golf course. The rent is in the $750-$800 range, monthly taxes work out to $49 and the monthly HOA is $239. The neighborhood just went under major repairs including roof and will also include parking lot repaving so there is currently a monthly fee between $175 & $225(amount being verified). The fee expires in Dec of this year so it should be of little concern. This property will need very little to be rent ready including paint, carpet, appliances, and a few light fixtures. If nobody snaps this one up quick I will go ahead with the rehab and hold it longterm as a rental or relist it for $60k. Contact me at 407-404-3225 or email me at Alex@VaultVentures.net