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!
Property Details
Price:
$1,999,999
MLS #:
T3520670
Status:
Active
Beds:
12
Baths:
12
Address:
919 E 122ND AVENUE
Type:
Multi Family
Subdivision:
REVISED MAP OF FLOWERS & STU
City:
TAMPA
Listed Date:
Apr 21, 2024
State:
FL
Finished Sq Ft:
13,872
ZIP:
33612
Lot Size:
36,288 sqft / 0.84 acres (approx)
Year Built:
1968
Units:
12
Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Units / Window Unit
Laundry Features
None
Exterior
Construction Materials
Block, Concrete
Exterior Features
Fenced, Lighting, Storage
Roof
Other
Financial
Buyer Agent Compensation
2.5%%
Tax Year
2023
Taxes
$3,190
Map
Community
- Address919 E 122ND AVENUE TAMPA FL
- CityTAMPA
- CountyHillsborough
- Zip Code33612
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Courtesy of KELLER WILLIAMS SOUTH TAMPA. 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.
919 E 122ND AVENUE
TAMPA, FL
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