Description

Incredibly rare opportunity to own an amazingly well maintained, fully occupied, 8 unit apartment property in the sought after North Tampa Opportunity Zone! Property consists of even mix of 2/2's and 1/1's. All units have screened in patios, some also have private off-patio storage, two come with private covered carports, all 2br units have very large walk-in closets. Located very close to the fast growing USF main campus, but still only minutes to Downtown Tampa. HUGE OPPORTUNITY FOR RENTAL INCREASES!! RENTS WAY BELOW MARKET!! Current proforma shows rents exceeding 9% return with new ownership. Property is turnkey ready for any absentee investors, or able to generate huge rental increases for any investor looking to renovate and re-tenant. Unit information, taxes and income, and lot information a combination of two quadplex properties being sold together.

Details

MLS#T3135780
Sub-TypeResale
StatusPending
Year1978
Days On Site102

Features

SQ Feet3,440
Units8
Building(s)2

Market Activity 33617

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Area Information

StateFL
CountyHillsborough
CityTAMPA
Zip Code33617
Area33617 - Tampa / Temple Terrace
Listing VS Median (in 33617)
Price:
$750,000
low | high
Med:
$168,900
100% of Average
SqFt:
3,440
low | high
Med:
1,555
100% of Average
$ / SqFt:
$218
low | high
Med:
$109
100% of Average
On Site:
102
low | high
Med:
22
100% of Average
Listing Updated: 02/18/2019
MLS Number: T3135780
Listing Provided By:
Cameron Hypes  of  KELLER WILLIAMS TAMPA CENTRAL

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