$420,000
$398,500
5.4%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,564 SqFt
SOLD DATE : 06/24/2025
Key Details
Sold Price $420,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,564 sqft
Price per Sqft $268
Subdivision Lake Carroll Grove Estates
MLS Listing ID TB8365734
Sold Date 06/24/25
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1955
Annual Tax Amount $4,147
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 70x100
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Multiple Offers received. Highest and best by 2pm on 5/24. Huge Price drop! Clean inspection + appraised above asking! Fantastic INVESTMENT OPPORTUNITY! This 4-bedroom, 2-bath home in the sought-after LAKE CARROLL GROVE ESTATES boasts a pavered driveway and strong rental income potential. Currently used as a revenue-generating property, it yields a gross income of $42,600 and a net income of $38,700, with a CAP rate exceeding 8%.
Inside, you'll find all-tile flooring, fresh interior paint, and recently updated kitchen and bathrooms. Brand-new 2024 AC. The home also features a dedicated laundry room. The guest studio at the back is currently rented until July, though its history is unknown. With no HOA fees and a large storage shed in the fully FENCED backyard, this home is MOVE-IN READY!
Close to restaurants and schools, this home is conveniently located just under 20 minutes from Tampa International Airport, 8 miles from Downtown Tampa, and offers easy access to I-275, making commuting and exploring the city a breeze!
Location
State FL
County Hillsborough
Community Lake Carroll Grove Estates
Area 33612 - Tampa / Forest Hills
Zoning RSC-6
Interior
Interior Features Ceiling Fans(s), Solid Wood Cabinets, Stone Counters
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Appliance Dishwasher, Microwave, Range, Refrigerator
Laundry Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Exterior
Exterior Feature Private Mailbox
Parking Features Driveway
Fence Wood
Community Features Street Lights
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Schools
Elementary Schools Lake Magdalene-Hb
Middle Schools Adams-Hb
High Schools Chamberlain-Hb
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Bought with IMPACT REALTY TAMPA BAY
"My job is to find and attract mastery-based advisors to the shop, protect the culture, and make sure everyone is happy! "