*TAMPA FLIP* 1404 College Park Lane, Tampa, FL 33612 Available
$139,900
2 beds
2 baths
1,600 sqft
Two 1 bedroom / 1 bath units
Total Sq. Ft: ~1600 (owner’s records)
Built: 1965
Build: Block
Investor Price: $139,900
ARV: $190,000
Est Rehab: $10,000
Current Rent: $1,230/mo ($615 per unit)
Market Rent: $1,700/mo ($850 per unit)
Clean duplex is ready to go! Another duplex in the same cul-de-sac sold in 1 day on the market for $213,000. This is by far the cheapest duplex in the area and likely will be for some time.
Currently occupied with tenants paying below market rate at $615/mo each unit. Market rents for this area for these units are in the $850/mo range.
The units are in great condition, no major repairs needed. Minor touch-ups and paint.
Only thing that changes here is who is collecting the checks! Give us a call to get in on this cash flow.
