7309 And 7311 N Hutton Pl
Tampa, FL 33604
Contact For Estimate
7309 And 7311 N Hutton Pl
  • 8
Off Market

7309 And 7311 N Hutton Pl
Tampa, FL 33604

  • 16 beds
  • 6,496 sqft
  • Multi-Family
$ —,—
Contact For Estimate

Local Information

  • See the local terrain and how close this home is to parks and main streets.

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  • Take a virtual walk around the neighborhood.

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  • 1 Elementary School

    1 Middle School

    1 High School

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  • Low crime relative to the rest of Hillsborough county.

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  • 95% of residents commute by car.

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  • 55 Restaurants

    7 Grocery stores

    17 Nightlife

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  • Get a feel for the community.

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Home Details

Overview
  • Multi-Family
  • 16 Beds
  • Built in 1981
  • 5898 sqft lot size
  • 6,496 sqft
  • $100/sqft
Description

Excellent income opportunity, two adjacent quadplex buildings (7309 & 7311 Hutton Place) for a total of 8 units (all 2 bed / 1 bath), being sold as package. Units have ceramic tile floors throughout. Private parking for 2 cars per unit. 4 of the units are rented to Section 8 tenants with rents ranging from $840-$925/month. The remaining 4 units are rented to long-term tenants with rents at $700/month. Current contract gross income of $76,404/year for all 8 units. Attainable gross rents of $87,204/year. This affords a cap rate of 10.50% at a pro forma net annual income of $68,340 for the 8 units. DO NOT DISTURB TENANTS.

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Price Trends
Real Estate Trends
Average Listing Price for 33604
$204,603
Median Sale Price for 33604
$188,000
Average Sale price/sqft for 33604
$151/sqft
51% above listing price/sqft
Comparables and Estimates

Contact Info


Sold FL Tampa 33604 7309 And 7311 N Hutton Pl
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