Great Opportunity In Seminole Heights!!
We have an equity interest in this property and are selling the contract.
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W Genesee Street, Tampa, FL 33603
INVESTMENT: $125,000
ARV: $280,000 +/-
Rehab: $75,000 +/-
3 Bedrooms 2 Bath
1,450 SqFt
Built: 1927
Construction: Block
HOA: $0/yr
Great opportunity in Seminole Heights in a booming area. Comps are coming in all the way up to $240/SqFt. This property is a two-story, setup as a multifamily upstairs and downstairs on one power meter. A staircase has to be added to join upstairs and turn it back into a complete home. There is possible additional SqFt inside than what is listed and home can definitely become a 4/2 with the right rehab. Property will need a new roof, A/C, and total upgrade inside. Margins like these don't come every day!
All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.
Buyer will be responsible for all closing costs unless otherwise indicated.
Foster Algier
Broker - Gold Key - G.R.I.
FLA Real Estate Services