Prime Investment Opportunity: Fully Occupied Duplex in the Heart of Tampa **1031 TAX EXCHANGE Friendly!** **Bring all offers; the seller is open to negotiation!** Discover an exceptional investment opportunity with this fully occupied duplex, ideally located in the vibrant heart of Tampa. This prime property boasts two income-producing units, each featuring 2 bedrooms and 1 bathroom. **Financial Highlights:Unit A:** Rented at $1,563/month - **Unit B:** Rented at $1,000/month - Total Monthly Income:$2,563 Annual Gross Income $30,756 **Landlord Responsibilities- Lawn care, Taxes and Insurance. Tenant Responsibilities - Electricity. This duplex delivers substantial rental income and benefits from its strategic location, ensuring high demand and consistent occupancy rates. Residents enjoy convenient access to an array of amenities and transportation hubs, including shopping centers, gyms, Hard Rock Casino, Walmart, USF, I-275, I-4, Busch Gardens, Downtown Tampa, and more. **Investment Benefits:** - High-yield property in a rapidly growing area - Strong and stable rental income - Close proximity to essential services and entertainment options Seize this lucrative investment opportunity today. Schedule a viewing to explore this cash-generating property before it’s gone. Secure your future with this prime, high-yield investment in Tampa's thriving market.( Seller has 6 duplexes next to each other. These have to be sold altogether. Here’s the addresses and information on them) 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
This property is $57.7K less than the Median Sold Price and $13/SqFt less than other homes in Tampa, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #T3536735
Listing Office:
Office Name: YOU FIRST REALTY AND ASSOC LLC
Office Phone: (813) 458-6686
Listing Agent: Ramez Lahham
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively 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. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/5/2024, 3:19:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 21, 2017
Mar 21, 2017Home Sold
$84,166
Aug 06, 2014
Aug 06, 2014Home Sold
$360,000
May 19, 2008
May 19, 2008Home Sold
$110,000
Apr 28, 2008
Apr 28, 2008Home Sold
$59,900
Jan 18, 2006
Jan 18, 2006Home Sold
$135,000
Aug 08, 2003
Aug 08, 2003Home Sold
$53,900
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,753
$81,456
2018
$1,477
$65,541
2017
$1,094
$56,153
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,899
Per Month
Principal & Interest
$1,832
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,167
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
James Elementary School
4302 E Ellicott St
Distance between this listing and this school0.32 miles
Public District Grades PK-5
8
/10
Metropolitan Ministries Partnership Elementary School
102 E Palm Ave
Distance between this listing and this school3.98 miles
Public District Grades KG-5
6
/10
Usf/Patel Partnership Elementary School
11801 Usf Bull Run St
Distance between this listing and this school4.24 miles
Public District Grades KG-5
Middle School
2
/10
Jennings Middle School
8799 Williams Rd
Distance between this listing and this school5.29 miles
Public District Grades 6-8
High School
7
/10
Hillsborough Virtual School
901 E Kennedy Blvd
Distance between this listing and this school4.22 miles
Public District Grades KG-12
3
/10
Armwood High School
12000 E Us Highway 92
Distance between this listing and this school6.84 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
James Elementary School
4302 E Ellicott St
Distance between this listing and this school0.32 miles
Public District Grades PK-5
8
/10
Metropolitan Ministries Partnership Elementary School
102 E Palm Ave
Distance between this listing and this school3.98 miles
Public District Grades KG-5
6
/10
Usf/Patel Partnership Elementary School
11801 Usf Bull Run St
Distance between this listing and this school4.24 miles
Public District Grades KG-5
Assigned Schools
2
/10
Jennings Middle School
8799 Williams Rd
Distance between this listing and this school5.29 miles
Public District Grades 6-8
Nearby Schools
8
/10
Williams Middle Magnet School
5020 N 47th St
Distance between this listing and this school0.22 miles
Public Magnet Grades 6-8
6
/10
Ferrell Middle Magnet School
4302 N 24th St
Distance between this listing and this school1.78 miles
Public Magnet Grades 6-8
Assigned Schools
7
/10
Hillsborough Virtual School
901 E Kennedy Blvd
Distance between this listing and this school4.22 miles
Public District Grades KG-12
3
/10
Armwood High School
12000 E Us Highway 92
Distance between this listing and this school6.84 miles
Public Magnet Grades 9-12
Nearby Schools
4
/10
King High School
6815 N 56th St
Distance between this listing and this school1.38 miles
The neighbors living near this home have an average income of $23,659. Typical income of Tampa, FL residents is less than $35k annually. Most families are single, with kids. Residents of this area typically have high school diploma education.
This home is located at 4507 E Giddens Ave in Tampa, FL and zip code 33610 in the East Tampa neighborhood. This 1,404 square foot home, which was built in 1974, sits on a 0.11 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $367,000.
In October 2024 more than 80 listings in Tampa, FL were sold above the asking price. During the same period more than 116 listings were sold at asking price, while more than 349 were sold below. The number of listings in Tampa, FL decreased by 0.6% between September 2024 and October 2024. In October 2024 median list price was $424,741 and the average listing age was 53 days.
From Rocket Homes Real Estate and based on county public records data.