3619 Orient Road Tampa, FL 33619
New Listing - 5 Unit Investment property with $6100/month income - Completely Occupied with long leases. Property Zoning allows for multi-family up to 10 units on this location with .84 acre lot in a prime location. Concrete block construction and slab foundation on the 4 units + single wide renovated mobile home in the back of the property. There is also a maintenance man that lives at the property in Unit D - he pays rent and paid for any services separately. The entire property is on Well & septic systems therefore the owner supplies Water, sewer, trash, electric, lawn & cable. Newer metal roof installed in 2016 and completely painted on the exterior in 2023. The 5th unit, the single wide mobile home that was completely renovated with new showers, tub, kitchen, appliances, flooring and paint this October and rents for $2000/m. Many of the other units have also been renovated. This is a turn key operation, in good condition with good long term tenants in a good location near major highways and lots of job opportunities including 5 minutes to the Hard Rock Casino. Rent analysis provided by the seller has the cap rate currently at 8.5%
- Property TypeMulti-Family
- NeighborhoodEasy Way Sub
- CountyHillsborough
- Taxes$7,071
- HOA/Condo/Coop Fees$0
- Days on Site37 Days
- MLS StatusActive
- MLS ID NumberT3484482
- Home Size Source Public Records
- Year Built1940
- Lot Size0.84 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction StuccoVinyl Siding
- Sewer Septic Tank
- Acreage 0.84
- Water Well
- Property Sub Type Multi Family
- Utilities Cable Connected
- Foundation Slab
- Zoning RDC-12
- Minimum Lease No Minimum
- Ownership Fee Simple
- Parcel Number U-11-29-19-1N9-000000-00007.0
Interior Features
- Cooling Wall/ Window Unit(s)
- Heating CentralElectric
- Interior Ceiling Fans(s)
- Fireplace No
Exterior Features
- Roof MetalShingle
- Waterfront Property No
- Exterior FenceSidewalk
Community Features
- Township 29
- Senior Community No
- MLS Area 33619 - Tampa / Palm River / Progress Village