UPDATED:
09/04/2024 09:09 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,312 sqft
Price per Sqft $270
Subdivision Revised Map Of Flowers & Stu
MLS Listing ID T3521580
Bedrooms 4
HOA Y/N No
Originating Board Stellar MLS
Year Built 1965
Annual Tax Amount $1,822
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 50x100
Property Description
The majority of the units have undergone extensive remodeling, with only two awaiting renovation, ensuring modern living standards and aesthetic appeal. Each unit boasts a spacious layout of one bedroom and one bathroom, catering to the needs of various tenants.
Currently, the average rental income per unit stands impressively at around $1300, reflecting the strong demand for housing in the area. Furthermore, with the potential for future development, the property holds even greater promise. As the city of Tampa continues to experience growth, there exists the possibility to replace existing units with townhomes, expanding the portfolio and maximizing returns.
Additionally, there are no restrictions on the properties, affording flexibility in rental strategies. Whether it's long-term leases, short-term rentals, or even daily Airbnb listings, you have the freedom to explore various avenues for income generation.
Moreover, this offering is just the beginning, as the sellers have an additional 13 units slated for sale in the upcoming week. For those interested in expanding their investment portfolio further, this presents an excellent opportunity to capitalize on the burgeoning real estate market in Tampa. Don't miss out on this chance to secure a lucrative investment in a prime location with endless potential for growth and profitability. Contact us now to learn more and seize this extraordinary opportunity!
Location
State FL
County Hillsborough
Community Revised Map Of Flowers & Stu
Zoning RDC-12
Interior
Interior Features Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Laundry None
Exterior
Exterior Feature Lighting, Private Mailbox
Utilities Available Electricity Connected
Waterfront false
Roof Type Other
Garage false
Private Pool No
Building
Foundation Block
Lot Size Range 0 to less than 1/4
Sewer Septic Tank
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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