906 E 123RD AVE Active

Tampa,FL 33612

$ 625000

4 Beds

4 Baths

2312 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,312 sqft

Price per Sqft $270

Subdivision Revised Map Of Flowers & Stu

MLS Listing ID T3521580

Bedrooms 4

HOA Y/N No

Originating Board Stellar MLS

Year Built 1965

Annual Tax Amount $1,822

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 50x100

Property Description

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 real estate comprising two buildings with a total of 4 units located at 906 E 123rd Ave and 905 E 124th Ave.
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!

Location

State FL

County Hillsborough

Community Revised Map Of Flowers & Stu

Zoning RDC-12

Interior

Interior Features Kitchen/Family Room Combo,Open Floorplan,Primary Bedroom Main Floor

Heating Wall Units / Window Unit

Cooling Wall/Window Unit(s)

Fireplace false

Laundry None

Exterior

Exterior Feature Lighting,Private Mailbox

Utilities Available Electricity Connected

Waterfront false

Roof Type Other

Garage false

Private Pool No

Building

Foundation Block

Lot Size Range 0 to less than 1/4

Sewer Septic Tank

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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