$660,000 Price Analysis    ♡   Tampa, FL 33612 4 bed 4 bath 2,312 SqFt ($285/SqFt) 0.23 acre lot. Built 1965 Listed 2024-04-24 | Ⓧ USDA Ineligible due to location near Tampa |
Under contract-accepting backup offers.
* Sale Pending *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 real estate comprising two buildings with a total of 4 units located at 906 E 123rd Ave and 905 E 124th Ave. The majority of the units have undergone extensive remodeling, with two awaiting renovation, ensuring modern living standards and aesthetic appeal. Each unit boasts a big 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 greter promise.
As the city of Tampa continues to experience growth, there exists the possibility to replace existing units with townhomes, expandin g 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 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 unlimited potential for growth and profitability. Contact us now to learn more and seize this extraordinary opportunity!
Presented by Aldo Delacruz at
KELLER WILLIAMS SOUTH TAMPA.
Property MLS #T3521580 from StellarMLS
Full Bathrooms: 4
Open Floorplan
Primary Bedroom Main Floor
Heating Features: Wall Units / Window Unit
Private Mailbox
Road Surface Type: Concrete
Lot Size Acres: 0.2295684
Lot Size Dimensions: 50x100
Number of Lots: 2
Lot Size Square Feet: 10000
Calculated Total Monthly Association Fees: 0
Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Source Listing Status: Pending
County: Hillsborough
Directions: North on Nebraska from Fowler Avenue, Right on 123rd Ave Duplex on the left
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential Income
Area: 33612 - Tampa / Forest Hills
Source Neighborhood: REVISED MAP OF FLOWERS & STU
Parcel Number: U-07-28-19-1GS-000000-00011.4
Postal Code Plus 4: 3566
Subdivision: REVISED MAP OF FLOWERS & STU
Township: 28
Zoning: RDC-12
Property Subtype: Quadruplex
Source System Name: C2C
$660,000
StellarMLS
Year Built: 1965
Construction Materials: Block
Foundation Details: Block
Property Age: 59
Electricity Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.