Skip To Content
    Return to Previous Page

    1101 E Lotus Avenue

    Tampa, FL 33612
    • $899,000
    • STATUS: Active
    • ON SITE: 57 days
    • MLS #: U8109192
    UPDATED: 17 min ago
    $899,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,296
      SQFT
    • $392
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    This listing consists of 5 Duplexes on 4 different parcels totaling 10 units 8204 Hillsborough Lane, 8503 N Semmes Street, 8309 N Marks Street, and 1101-1107 Lotus Ave. All Properties are currently being used as rentals and are fully occupied. There is room to increase all rents to a market rate and yield a Cap Rate of around 7.25%, and a Going-In Cap Rate of 6.46%. Please email both listing agents for more information.

    Monthly Payment Calculator




    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-03-06T17:41:00.813.
    www.newhomepartnersfl.com/homes/113067022
    Print Image

    1101 E Lotus Avenue Tampa, FL 33612

    • Price: $899,000
    • Status: Active
    • Updated: 17 min ago
    • MLS #: U8109192
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    2,296
    SQFT
    $392
    $/SQFT
    1965
    Built
    Neighborhood:
    Castle Heights Map
    County:
    Hillsborough
    Area:
    Tampa / Forest Hills
    Property Description
    This listing consists of 5 Duplexes on 4 different parcels totaling 10 units 8204 Hillsborough Lane, 8503 N Semmes Street, 8309 N Marks Street, and 1101-1107 Lotus Ave. All Properties are currently being used as rentals and are fully occupied. There is room to increase all rents to a market rate and yield a Cap Rate of around 7.25%, and a Going-In Cap Rate of 6.46%. Please email both listing agents for more information.
    Exterior Features

    Carport Yn No Construction Materials Concrete Exterior Features Other Foundation Details Slab Lot Size Dimensions 100X104 Pool Private Yn No Roof Shingle Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Wall/Window Unit(S) Fireplace Yn No Heating Other Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn Yes Annual Net Income 58072.00 Association Yn No Cdd Yn No DPR No Est Annual Market Income 107400.00 Flood Zone Code X Garage Yn No New Construction Yn No Property Sub Type Multi-Family Senior Community Yn No Special Listing Conditions None Tax Annual Amount 3875.11 Tax Year 2020 Total Num Buildings 2 Utilities Other Zoning Rs-50


    Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Rms Elite Properties.



    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-03-06T17:41:00.813.
     
    https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_U8109192-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_U8109192-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_U8109192-2.jpg
    Logo
    New Home Partners| KW Advantage Realty
    59 Alafaya Woods Blvd
    Oviedo FL, 32765