#TB8324080, Chris Campana, Listing Office: FONTANA REALTY
4507-4517 E Giddens Ave Tampa, FL 33610
Property details
About 4507-4517 E Giddens Ave
1031 TAX EXCHANGE friendly!!! ****** Please bring all offers, seller likes to negotiate! 100% occupied 6 Duplexes for Sale. Prime Investment Opportunity!** This exceptional investment opportunity features six duplexes, totaling 12 income-producing units, all conveniently located next to each other. Situated in the heart of Tampa. Each unit features 2 bedrooms and 1 bathroom. Tenants pay all utilities, reducing landlord expenses Each unit has separate water and electric meters. Landlord only pays for landscaping, Taxes, Sewage & Insurance. One unit recently rented for $1,563/month. Tampa Housing Authority offers $1,771/month for 2-bedroom, 1-bathroom units in the same zip code Property is currently rented for $11,753 per month, equating to an annual gross income of $141,036 The property is currently under-rented, providing significant potential to increase rents to market rates. Tampa housing shows a payment standard of $1771 a month if you were to get all units rented with Tampa housing that’s a potential annual gross rent of $21,252 per month X 12 months = $255,024 With tenants responsible for their utilities and minimal landlord expenses, these units generate substantial rental income.There's significant potential to increase rents to match market rates, maximizing returns on investment.Proximity to major amenities and transportation hubs ensures high demand and occupancy rates.These properties offer easy access to shopping centers, gyms,Hard Rock Casino,Walmart, USF, I-275, I-4, Busch Gardens, Downtown Tampa, and more. Schedule a viewing today to explore this cash cow investment before it's no longer available. This is a prime opportunity to secure a high-yield property in a rapidly growing area. *** Potential seller financing available with 50% down Expenses - Insurance $18,000 annual Taxes $14,347.48 Lawn care $3600 annual Annual Expenses =$35,947.48-$133,356 Gross rents = Net Income $97,408.52 4507 E Giddens ave Tampa Florida 33610 Unit A - $1563 lease ends 06/2025 Unit B- $1,000 month to month =$2536 per month 4509 E Giddens ave Tampa Florida 33610 Unit A -$1000 month to month Unit B -$850 month to month =$1850 per month 4511 E Giddens ave Tampa Florida 33610 Unit A -$825 Unit B -$900 month to month =$1725 per month 4513 E Giddens ave Tampa Florida 33610 Unit A-$800 month to month Unit B-$900 month to month =$1700 per month 4515 E Giddens ave Tampa Florida 33610 Unit A -$850 month to month Unit B -$900 month to month =$1750 per month 4517 E Giddens ave Tampa Florida 33610 Unit A-$800 month to month Unit B-$725 month to month =$1525 per month Tampa housing payment standard https://www.tampaha.org/payment-standards
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Summary
- MLS Number: T3535251
- MLS Name: MFRMLS
- Office Name: YOU FIRST REALTY AND ASSOC LLC
- Office Phone: (813) 458-6686
- Listing Agent: Ramez Lahham
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Last updated on: 3/14/2025, 11:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,199,000
4507-4517 E Giddens Ave
$10,000
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Price information
Property sales
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Tax history
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Nearby schools
1
Thomas A. Edison Grammar School
Public District PK-5
0.5 mi
•1607 E Curtis St
2
Foster Elementary School
Public District PK-5
0.9 mi
•2014 E Diana St
4
Lomax Magnet Elementary School
Public Magnet KG-5
1.0 mi
•4207 N 26th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,248. Residents of Tampa, FL typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 4507-4517 E Giddens Ave in Tampa, FL and zip code 33610 in the East Tampa neighborhood. This 8,424 square foot home, which was built in 1974, sits on a 0.68 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since June 19, 2024 and is currently priced at $2,199,000.
While more than 75 listings in Tampa, FL in February 2025 were sold above asking price, there were more than 130 listings sold at asking price, and more than 353 were sold below. The number of homes for sale in Tampa, FL increased by 8.7% between January and February 2025. In February 2025 median list price was $429,661 and the average listing age was 57 days.