Overview

Property ID: HZO6293394
  • Multi-Family, Residential Income
  • Property Type
  • 16
  • Bedrooms
  • 8
  • Bathrooms
  • 5448
  • Square Feet
  • 1953
  • Year Built

Description

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.

  • Address
  • City Tampa
  • State/county FL
  • Zip/Postal Code 33605

Details

Updated on April 4, 2025 at 3:16 am
  • Property ID: HZO6293394
  • Price: $1,500,000
  • Property Size: 5448 Square Feet
  • Land Area: 0.48 Acres
  • Bedrooms: 16
  • Bathrooms: 8
  • Garage Size: x x
  • Year Built: 1953
  • Property Type: Multi-Family, Residential Income
  • Property Status: Active

Mortgage Calculator

$4,823,689.37
Monthly
  • Down Payment $225,000.00
  • Loan Amount $1,275,000.00
  • Monthly Mortgage Payment $10,856.04
  • Property Tax $3,750,000.00
  • Home Insurance $83.33
  • PMI $1,062,500.00
  • Monthly HOA Fees $250.00
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