$2,425,000

About This Property

Investor Alert! Fully occupied cash flowing complex. This listing is for a total of 12 units, with 3 - four unit buildings on 3 separate parcels. All units are 3 bedroom 1.5 bath 1,079 sq ft. townhomes. Each unit has 3 bedrooms and a full bath upstairs, with a living room and half bath downstairs as well as a kitchen with eat-in area. Sliding glass doors lead out to the private fenced yard and patio slab for each unit. Huge value add opportunity here as rents are well below market, there is the opportunity to add on an additional 2 units per parcel and the complex could also be re-classifies as condominium. 6 of the units are either on month to month terms or coming up on lease expirations within the next couple months so they could be brought to market rent very quickly. Conveniently located in northern Tampa with easy access to I-275, University of South Florida, numerous hospitals and restaurants, etc. Tenants are not aware of the sale. Do not approach tenants.

infoProperty Details

Property Type

Quadruplex

Year Built

1988

Living Area

12,948 sqft

Lot Size

0.40 acres

Bathrooms

0

Ownership

Fee Simple

Days on Market

9

List Date

Mar 30, 2022

Sold Date

chairInterior Features

yardExterior & Lot

Listed By

DENNIS REALTY & INV. CORP.

813-949-7444

mailContact Scott