$625,000
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 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 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!
Listed by Aldo Delacruz, .
Property Highlights
- Property Type: Multi Family, Quadruplex
- MLS #: T3521580
Room Information
| Total Baths | 4 |
| Total Beds | 4 |
Property Features
| Additional Parcels | Yes |
| Construction Materials | Block |
| Cooling | Wall/Window Unit(s) |
| Exterior Features | Lighting |
| Interior Features | Open Floorplan |
| Interior Square Footage | 2,312 |
| Lot Size Acres | 0.22 |
| Lot Size Dimension | 50x100 |
| Lot Size Square Feet | 10,000 |
| Roof | Other |
| Sewer | Septic Tank |
| Water Source | Public |
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