This fantastic investment opportunity has a 7.1 cap rate and significant potential for improvements and increased income. It consists of eight duplexes situated in the desirable Ybor City area, just a block from the historic Ybor City area, which offers shopping, restaurants, and entertainment. Thus, it is a sought-after location for quality tenants.
Five units have been fully remodeled, each equipped with three mini-split air conditioning units and in-unit washer and dryer facilities. One unit has been partially remodeled, another has had mini-split air conditioners added, and one unit has not been remodeled because the tenant opted to stay and pay lower rent, using their own window units for cooling.
Five units have been fully remodeled, each equipped with three mini-split air conditioning units and in-unit washer and dryer facilities. One unit has been partially remodeled, another has had mini-split air conditioners added, and one unit has not been remodeled because the tenant opted to stay and pay lower rent, using their own window units for cooling.
Property Details
Price:
$1,500,000
MLS #:
O6293394
Status:
Active
Beds:
16
Baths:
8
Type:
Multi Family
Subdivision:
YBOR CITY PLAN OF AN ADD
Neighborhood:
33605 – Tampa / Ybor City
City:
TAMPA
Listed Date:
Apr 1, 2025
State:
FL
Finished Sq Ft:
5,448
Total Sq Ft:
5,448
ZIP:
33605
Lot Size:
20,320 sqft / 0.48 acres (approx)
Year Built:
1953
Units:
8
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CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
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Schools
Elementary School:
Booker T. Washington-HB
Middle School:
Stewart-HB
High School:
Middleton-HB
Interior
Appliances
Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
Cooling
Mini- Split Unit(s)
Flooring
Engineered Hardwood, Tile
Heating
Electric
Laundry Features
In Kitchen, Inside
Exterior
Construction Materials
Block, Stucco
Exterior Features
Fenced, Private Mailbox
Parking Features
Off Street
Roof
Shingle
Financial
Tax Year
2024
Taxes
$12,530
Map
Community
- AddressE AVENUE Lot 6 TAMPA FL
- SubdivisionYBOR CITY PLAN OF AN ADD
- CityTAMPA
- CountyHillsborough
- Zip Code33605
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E AVENUE Lot 6
TAMPA, FL
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