Seller financing available! This is a rare chance to acquire an entire block of income producing real estate in the heart of Tampa, Florida, just minutes from USF. The portfolio includes six buildings totaling 12 one bedroom, one bathroom units, most of which have been extensively remodeled to meet modern living standards and aesthetic appeal.
Currently generating an average rental income of approximately $1,350 per unit, this property offers strong cash flow and high tenant demand. Additionally, the site holds significant future development potentialwith Tampas ongoing growth, the existing structures could be replaced with townhomes or higher density housing to maximize long term returns.
The property comes with no rental restrictions, allowing full flexibility for long term leasing, short term rentals, or Airbnb.
BONUS: An additional three buildings (six more units) are available, providing the opportunity to expand your portfolio to 18 units across 9 buildings.
Seller financing available! This is a rare chance to acquire an entire block of income producing real estate in the heart of Tampa, Florida, just minutes from USF. The portfolio includes six buildings totaling 12 one bedroom, one bathroom units, most of which have been extensively remodeled to meet modern living standards and aesthetic appeal.
Currently generating an average rental income of approximately $1,350 per unit, this property offers strong cash flow and high tenant demand. Additionally, the site holds significant future development potentialwith Tampas ongoing growth, the existing structures could be replaced with townhomes or higher density housing to maximize long term returns.
The property comes with no rental restrictions, allowing full flexibility for long term leasing, short term rentals, or Airbnb.
BONUS: An additional three buildings (six more units) are available, providing the opportunity to expand your portfolio to 18 units across 9 buildings.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Private Mailbox, Sidewalk
Living Area: 6936.00
Roof: Other
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Wall/Window Unit(s)
Heating: Ductless
Sewer: Septic Tank
Utilities: Electricity Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Interior Features: Primary Bedroom Main Floor
Legal Description: FLOWERS AND STUART OAK GROVE SUBDIVISION LOT 10
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