Affordable Thonotosassa Flip
Affordable Thonotosassa Flip
3 bed
1 bath
1218 sq ft
Built in 1963
Single Family
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Quality of Comparables
15
/20
Location of Neighborhood
13/20
Quality of Floor Plan
14/20
Placement in Neighborhood
7/10
Property Details
Presenting the most affordable 3-bedroom block home in all of Hillsborough County. Located in Thonotosassa, this property is tucked away on a quarter-acre corner lot and five minutes from I-4. This solid flip opportunity is the lowest-priced home currently available to home buyers within a two-mile radius.
Although property records reflect 2 bedrooms, the current floorplan does include 3 bedrooms and 1 bathroom. The property also features a screened-in porch and a separate utility room with a washer and dryer.
We recommend a complete rehab along with replacement of the roof and HVAC system. Homes of a similar size and style have broken $300,000 in sales price, indicating the potential for strong returns. For those looking to take advantage of long-term appreciation, market rent exceeds the coveted 1% rule at $1,790 per month. Rental inventory is slim in this area with only six active rental listings within a three and a half mile radius. Properties at this price point tend to move quickly, so please contact your EquityPro Advisor for more information.