Quadruplex in extremely desirable Ybor location, walk to 7th Ave. Great investment opportunity, tucked away in an independent neighborhood south of I-4, quiet, phenomenal gem surrounded by updated renos and new construction. Centrally located in Urban Core Opportunity Zone, with real tax and capital gains advantages (see links below). 3 units occupied, all in good condition. Month-to-month long term tenants in place, room for rent improvements. The detached 2/1 SFH is in violation for work w/o permits, see attachments. Detached 2/1 offers additional potential income of $18k-$21k(est.) annually. Full maximization of property should gross $55k-$60k(est.) annually. Main house will need a new roof at some point in future. In event buyer does not desire maximum return though permitted buildout of 2/1, seller consideration for demolition of detached unit is optional. This property is, by far, the most the modestly priced Quadruplex OR Triplex in Tampa, Ybor, East Tampa, Belmont Heights, Tampa Heights, Riverside Heights, Seminole Heights, Downtown, MacFarlane Park, West Tampa and South Tampa. Also, outprices most duplexes. Sizes and potential rent/income estimated. Owner agent. TENANT OCCUPIED, DO NOT DISTURB TENANTS BY WALKING PROPERTY.
https://www.tampa.gov/deo/opportunity-zone-program/urban-core;
https://www.taxpolicycenter.org/briefing-book/what-are-opportunity-zones-and-how-do-they-work
https://www.tampa.gov/deo/opportunity-zone-program/urban-core;
https://www.taxpolicycenter.org/briefing-book/what-are-opportunity-zones-and-how-do-they-work
Property Details
Price:
$629,900
MLS #:
T3543676
Status:
Active
Beds:
0
Baths:
0
Address:
2206 N 12TH STREET
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
RANDALLS ADD
City:
TAMPA
Listed Date:
Jul 24, 2024
State:
FL
Finished Sq Ft:
2,292
ZIP:
33605
Lot Size:
5,500 sqft / 0.13 acres (approx)
Year Built:
1947
Units:
4
Schools
Interior
Cooling
Central Air, Wall/ Window Unit(s)
Heating
Central, Wall Units / Window Unit
Laundry Features
None
Exterior
Construction Materials
Wood Siding
Exterior Features
Sidewalk
Roof
Tile
Financial
Buyer Agent Compensation
3%%
Tax Year
2023
Taxes
$4,825
Map
Community
- Address2206 N 12TH STREET TAMPA FL
- CityTAMPA
- CountyHillsborough
- Zip Code33605
Similar Listings Nearby
- 3406-3406 N 54TH STREET UNIT 4
TAMPA, FL$799,999
3.24 miles away
TAMPA, FL$799,000
1.08 miles away
- 2904 W CHESTNUT STREET UNIT 1-4
TAMPA, FL$745,000
2.60 miles away
- 108 W KEYES AVENUE
TAMPA, FL$720,000
0.96 miles away
- 1726 E MULBERRY DRIVE UNIT A
TAMPA, FL$666,900
3.71 miles away
- 116 S ARRAWANA AVENUE
TAMPA, FL$650,000
2.86 miles away
Courtesy of BRAINARD REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
2206 N 12TH STREET
TAMPA, FL
LIGHTBOX-IMAGES