Updated over 10 years ago on . Most recent reply
Levis Ave, Tarpon Springs, Florida 34689 Non MLS
New Non-MLS Property. This thing is a serious Cash Cow!
Great multi family rental property. This duplex has long term tenants of over 10 years in the upper apartment and three plus years in the lower unit. The property is currently over a 15 net cap rate.
Both units are well below market rent and will dramatically increase your cap rate once rents are raised.
Inventory is very low for multi family in this area and the only other duplexes on the market are $135K+. Cashflow, equity and future increased rents. This is all you can ask for!
The $5,000 in repairs is a large number. The property does not currently require any repairs, other than one or two very minor items.
Please contact Kirsten with MVP Realty with any questions or if you need additional information. Thank you!
727-614-1897