This fantastic investment opportunity has a 7.1 cap rate and significant potential for improvements and increased income. It consists of four duplexes (8 units) in the desirable Ybor City, 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 and inside washer and dryers. 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 ACs for cooling.
MLS# | O6293394 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | For-sale |
Status | Active |
Year | 1953 |
Days On Site | 20 |
Listing Provided By | SAND DOLLAR REALTY GROUP INC | Isabel Campos-Gordon |
Bed(s) | 16 |
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Bath(s) | 8 |
SQ Feet | 5,160 |
Story(s) | 1 |
Units | 8 |
Zoning | YC-2 |
Acreage | 0.48 |
State | FL |
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County | Hillsborough |
City | TAMPA |
Zip Code | 33605 |
Area | 33605 Tampa | Ybor City |
Community Name | YBOR CITY PLAN OF AN ADD |
School District | Middleton-HB |
Elementary School | Booker T. Washington-HB |
Middle School | Stewart-HB |
High School | Middleton-HB |
Listing VS Median (In YBOR CITY PLAN OF AN ADD) | |
Price: $1,500,000 low | high Med: $432,450 SqFt: 5,160 low | high Med: 1,512 $ / SqFt: $291 low | high Med: $300 On site: 20 low | high Med: 107.000000 |