3404 Phillips Street, Unit AF
3404 Phillips Street, Unit AF
Tampa, FL 33619
$1,350,000
Last Sold Price
18
Beds
6,048 Sq. Ft.
$223 / Sq. Ft.
6,048
Sq. Ft.
$223
per Sq. Ft.
Sold 3/29/24
Sold 3/29/24
Description
Welcome to the Prime DUPLEXES at 3402, 3404, and 3406 N Phillips St, Tampa, FL 33619 - an Unbeatable Investment Package!
Key Features that Set this Investment Apart:
TRIPLE BLOCK DUPLEXES. Acquire not one, not two, but THREE contiguous block duplexes, forming a solid block of SIX income-producing units. HIGH OCCUPANCY: Currently, 5 out of 6 units are leased, ensuring a steady and reliable income stream from day one.
LUCRATIVE RENTAL INCOME: With an impressive average rental income of $1,695 per month...Welcome to the Prime DUPLEXES at 3402, 3404, and 3406 N Phillips St, Tampa, FL 33619 - an Unbeatable Investment Package!
Key Features that Set this Investment Apart:
TRIPLE BLOCK DUPLEXES. Acquire not one, not two, but THREE contiguous block duplexes, forming a solid block of SIX income-producing units. HIGH OCCUPANCY: Currently, 5 out of 6 units are leased, ensuring a steady and reliable income stream from day one.
LUCRATIVE RENTAL INCOME: With an impressive average rental income of $1,695 per month per unit, this investment promises substantial and consistent cash flow.WELL DESIGNED LAYOUTS: Each apartment boasts a spacious 3-bedroom, 2-bathroom layout, catering to the modern tenant's needs.RECENT RENOVATIONS: Witness the value-added enhancements, including newer roofs, and fresh exterior paint. 4 of the 6 units have been upgraded with new flooring, kitchen, baths and more - totalling $100,000 in improvements. These renovations not only enhance the property's appeal but also contribute to long-term durability and value. RAPID APPRECIATION:Rents have already increased by a remarkable 24% in less than 2 years, showcasing the potential for significant appreciation.STABLE TENANT BASE: We've strategically cleared out non-paying tenants and secured new, long-term occupants for increased stability. FUTURE POTENTIAL: This property is ripe for the savvy investor willing to secure higher rents and guaranteed payments using Gov't programs. Seize the opportunity to tap into this additional income stream! TENANT-PAID UTILITIES: Tenants contribute $70-$75 each for water/trash in addition to rent, ensuring minimal overhead for the savvy investor.SOLID FINANCIALS: Enjoy an annual rent of $112,387, with an 8% vacancy discount, and separate electrical meters - tenants foot the bill!
This meticulously curated portfolio of income-producing properties can be yours as a package deal for $1.4M or individually. Don't miss out on the chance to secure a sound and lucrative investment in the dynamic real estate market. Your future prosperity awaits! Contact us now to seize this golden opportunity!
Key Features that Set this Investment Apart:
TRIPLE BLOCK DUPLEXES. Acquire not one, not two, but THREE contiguous block duplexes, forming a solid block of SIX income-producing units. HIGH OCCUPANCY: Currently, 5 out of 6 units are leased, ensuring a steady and reliable income stream from day one.
LUCRATIVE RENTAL INCOME: With an impressive average rental income of $1,695 per month...Welcome to the Prime DUPLEXES at 3402, 3404, and 3406 N Phillips St, Tampa, FL 33619 - an Unbeatable Investment Package!
Key Features that Set this Investment Apart:
TRIPLE BLOCK DUPLEXES. Acquire not one, not two, but THREE contiguous block duplexes, forming a solid block of SIX income-producing units. HIGH OCCUPANCY: Currently, 5 out of 6 units are leased, ensuring a steady and reliable income stream from day one.
LUCRATIVE RENTAL INCOME: With an impressive average rental income of $1,695 per month per unit, this investment promises substantial and consistent cash flow.WELL DESIGNED LAYOUTS: Each apartment boasts a spacious 3-bedroom, 2-bathroom layout, catering to the modern tenant's needs.RECENT RENOVATIONS: Witness the value-added enhancements, including newer roofs, and fresh exterior paint. 4 of the 6 units have been upgraded with new flooring, kitchen, baths and more - totalling $100,000 in improvements. These renovations not only enhance the property's appeal but also contribute to long-term durability and value. RAPID APPRECIATION:Rents have already increased by a remarkable 24% in less than 2 years, showcasing the potential for significant appreciation.STABLE TENANT BASE: We've strategically cleared out non-paying tenants and secured new, long-term occupants for increased stability. FUTURE POTENTIAL: This property is ripe for the savvy investor willing to secure higher rents and guaranteed payments using Gov't programs. Seize the opportunity to tap into this additional income stream! TENANT-PAID UTILITIES: Tenants contribute $70-$75 each for water/trash in addition to rent, ensuring minimal overhead for the savvy investor.SOLID FINANCIALS: Enjoy an annual rent of $112,387, with an 8% vacancy discount, and separate electrical meters - tenants foot the bill!
This meticulously curated portfolio of income-producing properties can be yours as a package deal for $1.4M or individually. Don't miss out on the chance to secure a sound and lucrative investment in the dynamic real estate market. Your future prosperity awaits! Contact us now to seize this golden opportunity!
Listing Agent
![Jessica Scrivani]()
jessica.scrivani@compass.comP: 845.242.8165
Property Details for 3404 Phillips Street, Unit AF
Subdivision Name
GRANT PARK
Township29
WaterfrontNo
Location
Sold By LPT REALTY, Dilayda Peralta, LLC
Add your commute
LISTING UPDATED: 05/01/2024 11:56 AM
Property Details for 3404 Phillips Street, Unit AF
| Status | Sold |
|---|---|
| MLS # | T3503111 |
| Days on Market | 17 |
| Taxes | $4,074 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Multi-Family |
| Year Built | 1989 |
| Lot Size | 0.13 AC / 5,600 SF |
| County | Hillsborough County |
Location
Sold By LPT REALTY, Dilayda Peralta, LLC
Add your commute
Building Information for 3404 Phillips Street, Unit AF
Stories-Residences6Year Built1989Building Size-Lot Size0.13 AC / 5,600 SF
Payment Calculator
$7,707 per month
30 year fixed, 7.25% Interest
Principal and Interest
$7,368
Property Taxes
$340
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 3404 Phillips Street, Unit AF
Summary
Location and General Information
- Building Area Units: Square Feet
- Directions: Travel on i4 east, take exit 3 (Columbus dr) , left into 50th st , right at e. 26th ave , left at n phillips st, corner Lot first property on your left , 3 duplexes In a row.
- Mls Major Change Type: Sold
- Major Change Type: Closed
- Listing Service: Full Service
- Senior Community: No
- Unit Number: No
- Street Number: 3404
- Street Name: PHILLIPS
- Street Suffix: STREET
- Unit Number: A-F
- State: FL
- City: TAMPA
Parking
- Available For Lease: Yes
- Carport: No
- Garage: No
Taxes and HOA Information
- Association Approval Required: No
- Association: No
- CDD: No
- Tax Block: 23
- Tax Book Number: 6-30
- Tax Legal Description: GRANT PARK LOT 11 BLOCK 23 AND E 1/2 OF VACATED ALLEY LYING TO WEST
- Tax Lot: 0
- Tax Year: 2023
Virtual Tour
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/T3503111
Property
Lot Information
- Additional Parcels Description: A-10-29-19-4BX-000023-00011.0,A-10-29-19-4BX-000023-00012.0, A-10-29-19-4BX-000023-00010.0
- Additional Parcels: Yes
- Lot Features: Corner Lot
- Lot Size Dimensions: 150x113
- Parcel Number: B-10-29-19-4BX-000023-00011.0
- Total Acreage: 1/4 to less than 1/2
- Total Num Buildings: 3
- Water Access: No
- Water Extras: No
- Zoning: RM-16
- Living Area: 6048
- Lot Dimensions: 150x113
Property and Assessments
- Year Built Numeric: 1989
- Flood Zone Code: X
- Flood Zone Date: 08-28-2008
- Flood Zone Panel: 12057C0360H
- Homestead: No
- New Construction: No
- Number Of Lots: 3
- Public Survey Range: 19
- Public Survey Section: 10
Utilities
- Sewer: Public Sewer
- Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
- Water Source: Public
- Num Electric Meters: 6.0
- Num Water Meters: 3.0
Interior and Exterior Features
Exterior Features
- Construction Materials: Block, Concrete, Stucco
- Exterior Features: Other
- Foundation Details: Slab
- Levels: One
- Pool Private: No
- Pool: None
- Pool Private: No
- Roof: Shingle
- Waterfront Feet Total: 0
Interior Features
- Bedrooms Total: 18
- Cooling: Central Air
- Fireplace: No
- Heating: Central
- Interior Features: Ceiling Fans(s)
- Laundry Features: Inside
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Water View: No
Multi Family
Multi-Family Information
- Annual Net Income: $103,606.00
- Unit Count: 6
Unit 1
- Unit Type Baths Total 1: 2
- Unit Type Beds Total 1: 3
- Unit Type Description 1: Rented at $1,695/mo, Leases ends 5/1/24. Tenant pays an additional $75/month for water/trash.
- Unit Type Heated Sq Ft 1: 936
- Unit Type Number Of Units Occupied 1: 1
- Unit Type Pro Forma 1: 1695
- Unit Type Type 1: 3 Bed/2 Bath
- Unit Type Units Total 1: 1
Unit 2
- Unit Type Baths Total 2: 2
- Unit Type Beds Total 2: 3
- Unit Type Description 2: Rented at $1,650/mo, Leases ends 5/31/24.
- Unit Type Heated Sq Ft 2: 936
- Unit Type Number Of Units Occupied 2: 1
- Unit Type Pro Forma 2: 1695
- Unit Type Type 2: 3 Bed/2 Bath
- Unit Type Units Total 2: 1
Unit 3
- Unit Type Baths Total 3: 2
- Unit Type Beds Total 3: 3
- Unit Type Description 3: Rented at $1,695/mo, Leases ends 5/31/25.Tenant pays an additional $70/month for water/trash.
- Unit Type Heated Sq Ft 3: 936
- Unit Type Number Of Units Occupied 3: 1
- Unit Type Pro Forma 3: 1695
- Unit Type Type 3: 3 Bed/2 Bath
- Unit Type Units Total 3: 1
Unit 4
- Unit Type Baths Total 4: 2
- Unit Type Beds Total 4: 3
- Unit Type Description 4: Vacant
- Unit Type Heated Sq Ft 4: 936
- Unit Type Number Of Units Occupied 4: 0
- Unit Type Pro Forma 4: 1695
- Unit Type Type 4: 3 Bed/2 Bath
- Unit Type Units Total 4: 1
Unit 5
- Unit Type Baths Total 5: 2
- Unit Type Beds Total 5: 3
- Unit Type Description 5: Rented at $1,650/mo, Leases ends 5/31/24. Tenant pays an additional $70/month for water/trash.
- Unit Type Heated Sq Ft 5: 936
- Unit Type Number Of Units Occupied 5: 1
- Unit Type Pro Forma 5: 1650
- Unit Type Type 5: 3 Bed/2 Bath
- Unit Type Units Total 5: 1
Unit 6
- Unit Type Baths Total 6: 2
- Unit Type Beds Total 6: 3
- Unit Type Description 6: Rented at $1,750/mo, Leases ends 5/31/24. Tenant pays an additional $70/month for water/trash.
- Unit Type Heated Sq Ft 6: 936
- Unit Type Number Of Units Occupied 6: 1
- Unit Type Pro Forma 6: 1750
- Unit Type Type 6: 3 Bed/2 Bath
- Unit Type Units Total 6: 1
Rental
Rental Information
- Tenant Pays: Electricity, Water
Property History for 3404 Phillips Street, Unit AF
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 3404 Phillips Street, Unit AF
This home is within Hillsborough.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Oak Park Elementary School PublicPK to 5 | ||
Burnett Middle School Public6 to 8 | ||
Blake High School Public9 to 12 | ||
Franklin Middle Magnet School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near Grant Park
Neighborhoods
- Clair Mel City
- Eastern Heights
- East Lake-Orient Park
- East Side Commercial Area
- Florence Villa-Beasley-Oak Park
- Grant Park
- Green Ridge Estates
- Highland Pines
- Limona Improvement
- Northeast Tampa
- Palm River-Clair Mel
- Palm River Estates
- Progress Village
- Southeast Tampa
- Winston Park
- Mango
- East Ybor
- Palmetto Beach
- Brandonwood
- Northview Hills
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 05/01/2024 11:56 AM
