3008 SPILLERS AVENUE

Description

Under contract-accepting backup offers. Calling all investors! The potential is endless with this fixer upper in the heart of Tampa. The heated sqft based on public records is around 2842, the actual heated space is 3466 sqft. This includes a 4 bed, 2 bath main house, along with a 3 bed, 1 bath mother-in-law suite. The mother-in-law suite has ample space to be converted into a 3 bed 2 bath. This is a great rental or fix & flip opportunity. The ARV is estimated to be in the range of $550k. This property meets the 1 percent rule as a rental with the added bonus of being a BRRRR deal that can generate an infinite cash on cash return. This is one of the only houses in Tampa bay that are available for less than $100/sq ft! The estimated rehab is $125k. This property needs a new roof, HVAC, and septic. It will also need the standard updating, new kitchen, bathrooms, flooring, paint, etc. This property is situated on an oversized lot. This home is located near the Seminole Hard Rock hotel and casino, shopping, restaurants, and more. This deal is priced to sell. Schedule your showing today!