$1,175,000
Description
PRIME LOCATION – INVESTOR ALLERT!! Excellent opportunity to own a MULTI-FAMILY property in the heart of Tampa Bay! This offering includes a DUPLEX (1,458 sq ft) and a TRIPLEX (2,187 sq ft) situated on nearly 1-ACRE, right off bustling Florida Ave, just south of Fletcher. This 3,645-square-foot property features five 2BR/1BA units, each 729 sq ft, built with sturdy concrete BLOCK construction, central AC, and NEW SHINGLE ROOFS. Tenants pay all utilities with separate meters aside from a shared water meter. Each unit is in good condition, having been updated a few years ago with wood-look standard tile flooring. Most units feature stainless steel appliances and quality cabinetry in the kitchens and bathrooms. Parking is available for each unit. All units are occupied by month-to-month tenants with below-market rents, providing an excellent opportunity for rental INCOME GROWTH. Plus, with no HOA, there's flexibility for future development! The existing structures are located at the back of the lot, leaving room to potentially BUILD ADDITIONAL UNITS at the front. Located minutes from downtown Tampa, International Mall, MacDill Air Force Base, I-275, shopping, dining, and more! Please do not visit the property or disturb the tenants. Don’t miss out on this fantastic investment opportunity!
Listed by Duncan Anderson, .
Property Highlights
- Property Type: Multi Family
- MLS #: TB8317229
Room Information
| Flooring | Ceramic Tile, Tile |
| Laundry | Outside |
| Total Baths | 5 |
| Total Beds | 5 |
Property Features
| Appliances | Range, Refrigerator |
| Construction Materials | Block |
| Cooling | Central Air |
| Has View | Yes |
| Heating | Central |
| Interior Features | Open Floorplan |
| Interior Square Footage | 3,645 |
| Lot Size Acres | 0.98 |
| Lot Size Dimension | 132x325 |
| Lot Size Square Feet | 42,900 |
| Patio Features | Patio |
| Roof | Shingle |
| Sewer | Public Sewer |
| Water Source | Public |
| Windows | Blinds |