Sold

9410 N 10TH ST

TAMPA FL, 33612

$275,000


$132.40 per sqft

Sold

5 Beds

3 Baths

2,077 sqft

Residential

Built in 1928

Back on the market due to no fault of the seller! Their loss is your opportunity! HIGHEST AND BEST DUE BY SUNDAY 11/19 AT 12 NOON. Incredible Investment Opportunity in Tampa, FL. Dual Income Streams with Future Upside Potential! This exceptional property presents a unique and lucrative opportunity tailored for astute investors. The property showcases an ideal setup for maximizing returns through an in-law suite or a strategic house hack. The front house, a 3-bedroom, 2-bathroom bungalow spanning approximately 1,377 square feet, is just the beginning. Complementing it is a separate back house with 2 bedrooms and 1 bathroom, spanning around 750 square feet. This back house is perfectly positioned for an in-law suite or generating supplementary rental income. With some renovation, this property is the perfect rental or flip! Market rents for these units are estimated at $1,550 per month for the front house and $1,150 per month for the back house. Potential to yield a combined monthly income of $2,700! Projected on proforma rents, this property boasts an impressive 7.5% Capitalization Rate (CAP rate), highlighting the strong return on investment. Beyond the existing income, there's the advantage of future equity growth, courtesy of the generous corner lot on which the property sits. Each unit offers its residents private backyard spaces, allowing for outdoor relaxation and enjoyment. An added bonus is the separate garage, providing invaluable storage space. Notable updates include a recently replaced roof for the main home, ensuring long-term durability. The roof of the mother-in-law suite is approximately 4 years old, and both units benefit from HVAC systems of similar vintage. Strategically situated, this property offers easy access to the vibrant array of amenities and attractions that Tampa Bay is renowned for. Its proximity to I-275 ensures seamless commuting and convenient exploration of the surrounding area.
Seize this outstanding investment prospect before it's too late. Schedule a viewing now to secure your position in the dynamic and thriving Tampa, FL real estate market! Your financial success starts here.

T3448207

MLS ID

June 2, 2023

Listed

February 16, 2024

Updated

Map

9410 N 10TH ST
TAMPA FL, 33612

Interior Features

Total Stories

1


Bedrooms

5 Beds


Bathrooms

3 Baths


Interior Features

Accessibility Features, Other, Thermostat


Appliances

Range, Refrigerator


Laundry Description

Inside, In Garage, Laundry Closet


Floor Description

Tile, Vinyl


Fireplace

Yes


Fireplace Description

Family Room, Wood Burning


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.22 Acres


Exterior Features

Other, Storage


Lot Features

Corner Lot, Near Public Transit


Architectual Style

Bungalow


Roof

Shingle


Sewer

Public Sewer

School Information

High School

Chamberlain-HB


Elementary School

Forest Hills-HB

Other Property Details

Area Name

33612 - Tampa / Forest Hills


Taxes

$3,299


Tax Frequency

Annually


Days on Market

27


Garage

Yes


Garage Spaces

2


Parking

Open


View

No


County

Hillsborough


Water Source

Public


Pool

No


Zoning

RS-50


Buyer Agency Compensation

2.5%-$495

Listing History

Date

Event

Price

12/14/2023

Price Change

$205,100

-26%

12/14/2023

Sold

Listed by Tatum Peterson, with MCBRIDE KELLY & ASSOCIATES
Listing Contact: 813-254-0900 

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Joe Lewkowicz participates in the Stellar MLS Internet Data Exchange (IDX) program, allowing display of other Stellar MLS broker's listings on this site. However, may not include all listings currently available. Information is deemed reliable but not guaranteed. Listing information is provided for consumer 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.  Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

©2024 Stellar MLS. All rights reserved. 

Data last updated 2/16/2024, 12:35 AM UTC

Powered byLuxury Presence