Discover a fantastic investment opportunity with this 4-unit property, strategically located in a vibrant and rapidly growing area. This RM-24 zoned lot measures 77×127 (9,779 sq ft) and offers the potential to build 4 townhomes in the future. This property is an ideal cash flow generator. With two units already leased, you can start generating income immediately while the vacant units can be easily transformed into short or long-term rentals, maximizing your revenue potential. Walking distance to Armature Works, a variety of dining and entertainment options, Tampa Riverwalk & Tampa’s downtown. Close proximity to the new YMCA development & part of the $24 million Riverwalk expansion, enhancing the area’s appeal. Whether you’re looking to add to your portfolio or start your journey in real estate, this property offers both immediate income and future development potential. Schedule your private showing today!
Property Details
Price:
$1,500,000
MLS #:
TB8305755
Status:
Active
Beds:
0
Baths:
0
Address:
205 W FRANCES AVENUE
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
MUNRO & MC INTOSHS ADD
Neighborhood:
33602 – Tampa
City:
TAMPA
Listed Date:
Sep 20, 2024
State:
FL
Finished Sq Ft:
4,768
Total Sq Ft:
4,768
ZIP:
33602
Lot Size:
9,779 sqft / 0.22 acres (approx)
Year Built:
1917
Units:
4
Schools
Interior
Cooling
Central Air
Heating
Central
Laundry Features
Laundry Closet
Exterior
Construction Materials
Wood Frame ( F S C Certified)
Exterior Features
Fenced, French Doors, Private Mailbox, Sidewalk
Parking Features
Driveway
Roof
Metal, Shingle
Financial
Tax Year
2023
Taxes
$9,159
Map
Community
- Address205 W FRANCES AVENUE TAMPA FL
- SubdivisionMUNRO & MC INTOSHS ADD
- CityTAMPA
- CountyHillsborough
- Zip Code33602
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Courtesy of KELLER WILLIAMS TAMPA CENTRAL. 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. 205 W FRANCES AVENUE
TAMPA, FL
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