$2,199,600

4507-4517 E Giddens Avenue, Tampa, FL 33610

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$2,199,600

(100) 01/08/2025

4507-4517 E Giddens Avenue Tampa, FL 33610

For Sale MLS# T3535251

8,424 sq ft Multi-family

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Data current as of 15/01/2025 03:40:33

Details for 4507-4517 E Giddens Avenue

MLS# T3535251

Description for 4507-4517 E Giddens Avenue, Tampa, FL, 33610


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 $11,113 per month, equating to an annual gross income of $133,356 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. Total Income - $11,113per month X12 month = $133,356 Gross annual rent 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

Listing Information


Property Type: Residential, Multi Family

Status: Active

Lot Size: 0.68 Acres

Square Feet: 8,424 sq ft

Year Built: 1974

Construction: Block

Subdivision: Hillsborough Heights East A Re

Foundation: Slab

Number Of Units Total: 12

County: Hillsborough

Interior Features


Additional Interior Features: Living/Dining Room

Utilities


Water: Public

Sewer: Septic Tank

Other Utilities: Electricity Available,Water Available

Cooling: Central Air

Heating: Central, Electric

Exterior / Lot Features


Roof: Shingle

Additional Exterior/Lot Features: Other

Driving Directions


East on Hillsborough avenue right onto 45th street left onto E Giddens. Property is on your right

Financial Considerations


Gross Income: 133356

Tax/Property ID: A-04-29-19-49C-000000-00020.0

Tax Amount: 14347

Tax Year: 2023

Price Changes


$2,400,000 Original Price
$2,199,600 Current Price
-$200,400 Total Change
Date Price Change
01/08/2025 05.14 PM $2,199,600 -$100
12/06/2024 03.09 PM $2,199,700 -$100
11/25/2024 08.24 AM $2,199,800 -$100
11/11/2024 02.46 PM $2,199,900 -$100
10/22/2024 08.11 AM $2,200,000 -$146,500
10/20/2024 10.33 AM $2,346,500 -$100
09/23/2024 03.07 PM $2,346,600 -$100
09/14/2024 12.34 PM $2,346,700 -$100
09/02/2024 07.41 PM $2,346,800 -$100
08/26/2024 09.13 AM $2,346,900 -$100
08/23/2024 02.00 PM $2,347,000 -$100
08/21/2024 02.57 PM $2,347,100 -$100
08/13/2024 07.12 PM $2,347,200 -$100
08/12/2024 07.08 PM $2,347,300 -$100
08/09/2024 11.09 AM $2,347,400 -$100
08/07/2024 03.26 PM $2,347,500 -$200
08/04/2024 11.58 AM $2,347,700 -$100
08/02/2024 09.09 AM $2,347,800 -$100
07/31/2024 12.45 PM $2,347,900 -$100
07/29/2024 10.14 AM $2,348,000 -$100
07/25/2024 07.24 PM $2,348,100 -$100
07/24/2024 09.23 AM $2,348,200 -$100
07/23/2024 09.17 AM $2,348,300 -$100
07/20/2024 10.00 AM $2,348,400 -$100
07/17/2024 08.43 PM $2,348,500 -$50,000
07/17/2024 10.31 AM $2,398,500 -$100
07/16/2024 06.42 PM $2,398,600 -$100
07/15/2024 06.03 PM $2,398,700 -$100
07/13/2024 11.32 AM $2,398,800 -$100
07/11/2024 11.31 AM $2,398,900 -$100
07/10/2024 08.30 AM $2,399,000 -$100
07/08/2024 03.33 PM $2,399,100 -$100
07/06/2024 12.58 PM $2,399,200 -$100
07/03/2024 10.59 AM $2,399,300 -$100
07/02/2024 11.59 AM $2,399,400 -$100
07/01/2024 09.12 AM $2,399,500 -$100
06/27/2024 09.51 AM $2,399,600 -$100
06/26/2024 09.27 AM $2,399,700 -$100
06/24/2024 08.28 PM $2,399,800 +$800
06/23/2024 09.33 AM $2,399,000 -$1,000
06/18/2024 11.07 PM $2,400,000
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 4507-4517 E Giddens Avenue

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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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