Property Attributes
- MLS#T3520670
- TypeIncome
- CountyHILLSBOROUGH
- CityTAMPA
- AreaTampa - Forest Hills
- NeighborhoodRevised Map Of Flowers & Stu
- Zip33612
- StyleMulti Family
- Year Built1968
- Taxes$ 3190
- Price$ 1,999,999
- Bedrooms12
- Full Bathrooms12
- Half Bathrooms0
- Sqr Footage13872
- Lot Size0.84 Acres
Data Source:
Stellar MLS
Property Description
Welcome to an exceptional investment opportunity in the vibrant city of Tampa, Florida, brought to you by USF. This offering presents a truly unique chance to acquire an entire block of real estate comprising six buildings with a total of 12 units. 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!
Price History | |
---|---|
4/22/2024 | Listed $1,999,999 |
General Features
Interior Features | Living Room/Dining Room Combo,Open Floorplan |
---|---|
Sewer | Septic Tank |
Heating | Wall Units / Window Unit |
Cooling | Wall/Window Unit(s) |
Utilities | Electricity Connected,Water Connected |
Roof | Other |
Exterior Features | Fenced,Lighting,Storage |
Zoning | RDC-12 |
Construction Materials | Block,Concrete |
Year Built | 1968 |
Property SubType | Multi Family |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
County | Hillsborough |
New Construction | No |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | REVISED MAP OF FLOWERS & STU |
Garage Y/N | No |
Status | Active |
Directions | N. on 275,E. on Fletcher,N. on Nebraska,E. on 122nd Avenue |
City | TAMPA |
Buyer Agent Compensation | 2.5% |
Senior Community Y/N | No |
Total Units | 12 |
MLS Area | 33612 - Tampa / Forest Hills |
Lot Size Square Feet | 36288 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | 122nd |
Tax Annual Amount | 3190.27 |
Public Remarks | Welcome to an exceptional investment opportunity in the vibrant city of Tampa,Florida,brought to you by USF. This offering presents a truly unique chance to acquire an entire block of real estate com |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/T3520670 |
Days on Market | 2 |
Standard Status | Active |
Tax Lot | 4 |
Legal Description | REVISED MAP OF FLOWERS AND STUART OAK GROVE SUB LOT BEG 20.88 FT E OF NW COR OF LOT 4 AND RUN E 56 FT S TO S BDRY W 57 FT AND NLY TO BEG |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Heating Y/N | Yes |
Fireplace Y/N | No |
Street Suffix | AVENUE |
Laundry Features | None |
Total Bedrooms | 12 |
LivingAreaSource | Public Records |
Total Baths | 12 |
Living Area Units | Square Feet |
Exterior Features
Water Source | Public |
---|---|
Lot Size Area | 36288 |
Foundation Details | Slab |
Number of Buildings | 6 |
Building Area Total | 13872 |
Lot Dimensions | 336 x 108 |
Lot Size Acres | 0.84 |
Road Surface Type | Concrete |
Lot Size Units | Square Feet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool