Tampa Mobile Home Value-Add – Oak Ave. and Lake Ave. , Tampa FL 33619 For Sale

  • $69,900
  • 2 beds
  • 1 baths
  • 672 sqft

Here are two separate lots with one mobile home. Currently, the lot behind mobile home is vacant but used to have a mobile home on it. The property is is still set up as such but one of the mobile homes was removed. The mobile home on front lot features two bedrooms, one bathroom, and 672 square feet. Chain link fence separates the two lots. Current tenant has been in place for many years and is currently set up on a month-to-month lease at $550 per month, well below current market rates.  With a little bit of TLC and increased rent, an investor should fetch closer to $750 per month. The most profitable approach to this property is to add another mobile home to the vacant lot and rent it out. This would essentially double the rental income! The property is located in Tampa just on the outskirts of Brandon and is not located in a mobile home park. As it currently sits, the “Just Market Value” of the property is over $82,000.

Price:
$69,900
Address:
Oak Ave. & Lake Ave.
Tampa , FL 33619
Square Feet:
672
Bedrooms:
2
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1970
Basement:
$31,350
MLS #:
Rental: $1,500 mo. / $18,000 yr. , Flip: $100,000

Call (407) 678-0062 for more details

Property Location