PROPERTY HIGHLIGHTS

TYPE

Multi Family

LIVING AREA

8,424 sq.ft.

LOT SIZE

0.68 acres

YEAR BUILT

1974

PRIVATE POOL

No

SELLING FIRM

You First Realty And Assoc Llc

MLS#

T3535251

Read more about this listing 4507-4517 E GIDDENS AVE TAMPA, FL 33610

Package listing only 1031 TAX EXCHANGE friendly!!!
****** Please bring all offers, seller likes to negotiate! 100% occupied 6 Duplexes for Sale. Prime Investment Opportunity!**
This exceptional investment opportunity features six duplexes, totaling 12 income-producing units, all conveniently located next to each other. Situated in the heart of Tampa. Each unit features 2 bedrooms and 1 bathroom. Tenants pay all utilities, reducing landlord expenses
Each unit has separate water and electric meters. Landlord only pays for landscaping, Taxes, Sewage & Insurance. One unit recently rented for $1,563/month. Tampa Housing Authority offers $1,771/month for 2-bedroom, 1-bathroom units in the same zip code
Property is currently rented for $11,753 per month, equating to an annual gross income of $141,036
The property is currently under-rented, providing significant potential to increase rents to market rates. Tampa housing shows a payment standard of $1771 a month if you were to get all units rented with Tampa housing that’s a potential annual gross rent of $21,252 per month X 12 months = $255,024
With tenants responsible for their utilities and minimal landlord expenses, these units generate substantial rental income.There's significant potential to increase rents to match market rates, maximizing returns on investment.Proximity to major amenities and transportation hubs ensures high demand and occupancy rates.These properties offer easy access to shopping centers, gyms,Hard Rock Casino,Walmart, USF, I-275, I-4, Busch Gardens, Downtown Tampa, and more.
Schedule a viewing today to explore this cash cow investment before it's no longer available. This is a prime opportunity to secure a high-yield property in a rapidly growing area. *** Potential seller financing available with 50% down

Expenses -
Insurance $18,000 annual
Taxes $14,347.48
Lawn care $3600 annual
Annual Expenses =$35,947.48-$133,356 Gross rents =
Net Income $97,408.52

4507 E Giddens ave Tampa Florida 33610
Unit A - $1563 lease ends 06/2025
Unit B- $1,000 month to month
=$2536 per month

4509 E Giddens ave Tampa Florida 33610
Unit A -$1000 month to month
Unit B -$850 month to month
=$1850 per month

4511 E Giddens ave Tampa Florida 33610
Unit A -$825
Unit B -$900 month to month
=$1725 per month

4513 E Giddens ave Tampa Florida 33610
Unit A-$800 month to month
Unit B-$900 month to month
=$1700 per month

4515 E Giddens ave Tampa Florida 33610
Unit A -$850 month to month
Unit B -$900 month to month
=$1750 per month

4517 E Giddens ave Tampa Florida 33610
Unit A-$800 month to month
Unit B-$725 month to month
=$1525 per month

Tampa housing payment standard

https://www.tampaha.org/payment-standards ( package listing only)

...READ MORE ABOUT THIS HOME...

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PROPERTY DETAILS

INTERIOR FEATURES

Living Room/Dining Room Combo

HEATING

Central, Electric

COOLING

Central Air

FIREPLACE

No

EXTERIOR FEATURES

Other

COMMUNITY POOL

No

WATERFRONT

No

COUNTY

Hillsborough

MORTGAGE CALCULATOR

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Listings courtesy of Stellar MLS as distributed by MLS GRID based on information submitted to the MLS GRID as of Fri, 09 May 2025 00:14:50 GMT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Property information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.