$420,000

About This Property

Multiple Offers received. Highest and best by 2pm on 5/24. Huge Price drop! Clean inspection + appraised above asking! Fantastic INVESTMENT OPPORTUNITY! This 4-bedroom, 2-bath home in the sought-after LAKE CARROLL GROVE ESTATES boasts a pavered driveway and strong rental income potential. Currently used as a revenue-generating property, it yields a gross income of $42,600 and a net income of $38,700, with a CAP rate exceeding 8%. Inside, you'll find all-tile flooring, fresh interior paint, and recently updated kitchen and bathrooms. Brand-new 2024 AC. The home also features a dedicated laundry room. The guest studio at the back is currently rented until July, though its history is unknown. With no HOA fees and a large storage shed in the fully FENCED backyard, this home is MOVE-IN READY! Close to restaurants and schools, this home is conveniently located just under 20 minutes from Tampa International Airport, 8 miles from Downtown Tampa, and offers easy access to I-275, making commuting and exploring the city a breeze!

infoProperty Details

Property Type

Single Family Residence

Year Built

1955

Living Area

1,564 sqft

Lot Size

0.16 acres

Bedrooms

4

Bathrooms

2

Ownership

Fee Simple

Days on Market

34

List Date

chairInterior Features

yardExterior & Lot

Listed By

BHHS FLORIDA PROPERTIES GROUP

813-908-8788

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