809 E Lambright St

Tampa, FL 33604
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2 bd, 1 ba | 1,068 sqft | Built in 1925

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List Price
$359,999

Initial Investment

$98,100

Purchase Price

$359,999

Down Payment

25%

Rent

$2,050

Total Return

$247,509

Annualized Return

26.6%

Cap Rate

3.5%

Gross Yield

6.8%

Cash Flow

-$7,790

Appreciation

12.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,500

HOA

None

Flood Risk

Not Required

Discover the perfect blend of vintage charm and modern comfort in this 2-bed, 1-bath bungalow in the heart of Old Seminole Heights. With 1,068 sqft, this home features an open floor plan, a cozy Florida room, and a newly updated kitchen with quartz counter tops, backsplash and stainless stell appliances. Enjoy your coffee on the front porch, entertain on the deck, and store extras in the backyard shed. This move-in ready home offers a unique opportunity to live a fast growing community. Walking distance from multiple bars, restaurants and Publix. Close to 295 for a quick communte to work and only 10 minutes to Ybor city and downtown. Don't miss out—schedule a showing today! This property is also zoned for commerical and residential.

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$23,370

Expenses

-$5,089

Property Taxes

-$6,500

Loan Payments

-$19,571

Net Cash Flow

-$7,790

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:JULIA BONDJUK
Agent License 3545271
KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceNortheast Florida Association of Realtors
MLS #2022936
Last Updated: 04/30/2024 18:04
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