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635 S 63RD STREET,TAMPA,Hillsborough,Residential Income

1.000.000 $
635 S 63RD STREET, ,

Overview

  • Updated On:
  • February 7, 2024
  • 1,288 ft2

Description

Prime Investment Opportunity – 4 Building – 7 Unit Income Property, on 1.25 acres with Commercial Zoning & Future Development Potential.
This outstanding income-producing property in a highly sought-after location. This well-maintained 4-unit Multifamily Residence offers a fantastic opportunity for Investors and Owner-Occupants looking to grow their Real Estate Portfolio. What sets this property apart are its commercial zoning and exciting potential for future development.
Located in desired South Tampa, this property offers convenience and easy access to amenities, schools, public transportation, and more.
Sitting on 3 Parcels of Land, and included in the purchase are 2 separate Duplexes, each featuring 1 Bedroom and 1 Bathroom per side. 2 Single Family Homes, one consisting of 2 Bedrooms and 2 Bathrooms with a separate Efficiency unit collecting a separate rental income, and a 1 Bedroom 1 Bathroom Single Family Dwelling. All units have separate Electric Meters and shared Water.
All Tenants are long-term, on Annual Leases, and paying Below Market Rents.

Address: 635 S 63RD STREET
City:
Area:
State/County:
Zip: 33619
Country: United States
Open In Google Maps
Property Id : 377322
Price: 1.000.000 $
Property Size: 1,288 ft2
Property Lot Size: 0 ft2
BridgeModificationTimestamp: 2024-02-07T01:41:30.417Z
BuyerAgencyCompensation: 2.5%-$495
ConstructionMaterials: Block,Stucco
ContractStatusChangeDate: 2023-10-23
Cooling: Central Air,Wall/Window Unit(s)
CumulativeDaysOnMarket: 99
DaysOnMarket: 99
Directions: From 589 S, merge onto i-275s toward i-4 E, use left lane to take Exit 2 toward E Brandon, merge onto FL-618 (E Selmon Expressway), Use the right 2 lanes to take exit 11 to merge onto US-41 S/S 50th St/S Tamiami Trail/US Hwy 41 S, turn left onto Palm River Road, turn left onto S 63rd Street, destination will be on the left.
FoundationDetails: Slab
Heating: None
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
LeaseTerm: 12 Months
ListAOR: Pinellas Suncoast
ListAgentAOR: Pinellas Suncoast
ListAgentEmail: jameswarrengroup@gmail.com
ListAgentFullName: James Warren, II
ListAgentKey: 8da37ab5756f2029154adeadfe13c953
ListAgentMlsId: 258017286
ListAgentPreferredPhone: 239-595-0084
ListOfficeKey: 6bceff604a728a12b530f8956fcef6ba
ListOfficeMlsId: 260033445
ListOfficeName: COMPASS FLORIDA LLC
ListOfficePhone: 727-339-7902
ListingContractDate: 2023-10-23
ListingId: U8218445
ListingKeyNumeric: 704872420
ListingTerms: Cash,Conventional
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotSizeArea: 8500
LotSizeDimensions: 85 x 100
LotSizeSquareFeet: 8500
LotSizeUnits: Square Feet
MLSAreaMajor: 33619 - Tampa / Palm River / Progress Village
MaloneId: 2094773720
MlsStatus: Active
ModificationTimestamp: 2024-02-07T01:38:45.820Z
NumberOfBuildings: 5
NumberOfUnitsTotal: 7
OnMarketDate: 2023-10-23
OriginalEntryTimestamp: 2023-10-23T21:29:58.360Z
OriginalListPrice: 1000000
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParcelNumber: U232919ZZZ00000151150.0
PhotosChangeTimestamp: 2023-10-25T11:01:10.001Z
PhotosCount: 26
PostalCodePlus4: 3800
PropertyCondition: Completed
RoadSurfaceType: Paved
Roof: Shingle
STELLAR_AnnualNetIncome: 60001
STELLAR_CalculatedListPriceByCalculatedSqFt: 776.4
STELLAR_CreateAutomaticVirtualTourYN: 1
STELLAR_CurrentPrice: 1000000
Other Features
Has Cooling System
Ninguno
Other
5,127.20 $
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
3,877.20 $
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