201 Glendale Drive , BRANDON, FL 33511
BRANDON, FL 33511
Description
Under contract-accepting backup offers. MULTIPLE OFFERS! HIGHEST AND BEST BY 7PM SUNDAY. Welcome to this exceptional income-producing triplex nestled in the heart of Brandon - a rare gem as these almost never come up for sale. This property is a true cash cow, offering savvy investors an incredible opportunity to pick up an estimated whopping 9% net cap rate with long term rentals, and much more with the existing vacation rentals. With two 2-bedroom, 2-bathroom units and one 1-bedroom, 1-bathroom unit, each boasting its own private backyard, laundry room, and spacious kitchen, this triplex promises comfortable living for tenants and an attractive rental income for you. This property would even be great to live in one unit and let the other units pay for your mortgage. This triplex has been diligently cared for. Currently, two of the units are utilized as vacation rentals, tapping into the lucrative short-term rental market, while the third unit is occupied by a long-term tenant on a month-to-month lease, providing a very stable income stream. Located in the thriving community of Brandon, this triplex enjoys a prime location where multifamily properties rarely become available. Investors looking to capitalize on a strong rental market and secure long-term returns need not look further. Don't miss your chance to own this income-producing triplex in a highly sought-after area. It's not just a property; it's an investment opportunity that rarely comes along. Act fast and make this cash cow your next real estate success story! Owner may also be willing to sell all the furniture in the 2 vacation rental units at an additional price, ask for details.
Details
| MLS# | T3475949 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1979 |
| Days On Site | 377 |
| Listing Provided By | FRANK ALBERT REALTY | Frank Albert |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 2,278 |
| Units | 3 |
| Zoning | RMC-20 |
| Acreage | 0.22 |
Market Activity 33511
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Learn More About This Property
| State | FL |
|---|---|
| County | Hillsborough |
| City | BRANDON |
| Zip Code | 33511 |
| Area | 33511 Brandon |
| Community Name | UNPLATTED |
| Listing VS Median (in UNPLATTED) | |
Price: $550,000 low | high Med: $460,000 SqFt: 2,278 low | high Med: 1,988 $ / SqFt: $241 low | high Med: $240 On Site: 377 low | high Med: 44.000000 | |