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1210 E 140TH AVE
TAMPA, FL 33613
Asking Price
$299K
Cap Rate
6.45%
Asset Type
Multifamily
Class
Class B
What's Special
Value-add duplex | 6% Cap | Stabilized <p>• <strong>Immediate Cash Flow</strong> – Tenant-occupied duplex generating $2,300/month in gross rental income with both tenants currently on month-to-month leases and expressing interest in remaining, providing immediate in-place revenue from day one.</p><p>• <strong>Value-Add Opportunity</strong> – Significant upside through interior renovations and repositioning. Estimated post-renovation rents of approximately $1,600/month for the 2BR/1BA unit and $1,300–$1,400/month for the 1BR/1BA unit
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NOI
$80,000
Cap Rate
26.76%
DSCR
4.51
Strong
Cash-on-Cash
69.40%
Monthly Payment
$1,479.289
Annual Cash Flow
$62,248.534
