Great opportunity to purchase part of Tampa Height's History. There are a total of 8 rental units in 4 buildings: 1 Single family 4 bedroom/2 bath, 2nd Single Family 2 bedroom/2 bath, 1 Apartment Building with 4 studio units plus TWO 1 bedroom/1 bath units. Built in 1935, 1940, and 1946, these buildings reflect a rich history from a time when Tampa Heights blossomed into a vibrant community characterized by residential and commercial growth. Each unit and both homes are separately metered and tenants pay all utilities except water/sewer and small gas bill. This lot is 10,922 sq ft and is zoned RM 24. If redeveloped, it is approved for 6 new units.
This property has been treasured by the same family since 1960, serving as a beacon of hope and renewal for many. The owner has offered below market rental rates, as a service in the community for the past 15 years. With some renovations, these stately residences have the potential to significantly increase the rental income.The property has great access on a corner and with an alley running along the north side. Conveniently located just a few blocks from Highland Park, the YMCA, Armature Works, and the scenic Tampa Riverfront Waterworks park, this property is also near Perry Harvey Sr. Parks skatepark, a variety of shopping options, entertainment hubs, fine dining, as well as cultural and artistic venues. With easy access to Downtown Tampa, Ybor City, and Tampa International Airport, the location is ideal for both residents and investors.
The property's size and location present a unique development opportunity in one of Tampa Bay's fastest growing neighborhoods. As the area's progress continues, opportunities like this are becoming increasingly rare.
Please respect the privacy of the current tenantsdo not trespass or engage with them. Showings are available by appointment only with 48 72 hours' notice.
Great opportunity to purchase part of Tampa Height's History. There are a total of 8 rental units in 4 buildings: 1 Single family 4 bedroom/2 bath, 2nd Single Family 2 bedroom/2 bath, 1 Apartment Building with 4 studio units plus TWO 1 bedroom/1 bath units. Built in 1935, 1940, and 1946, these buildings reflect a rich history from a time when Tampa Heights blossomed into a vibrant community characterized by residential and commercial growth. Each unit and both homes are separately metered and tenants pay all utilities except water/sewer and small gas bill. This lot is 10,922 sq ft and is zoned RM 24. If redeveloped, it is approved for 6 new units.
This property has been treasured by the same family since 1960, serving as a beacon of hope and renewal for many. The owner has offered below market rental rates, as a service in the community for the past 15 years. With some renovations, these stately residences have the potential to significantly increase the rental income.The property has great access on a corner and with an alley running along the north side. Conveniently located just a few blocks from Highland Park, the YMCA, Armature Works, and the scenic Tampa Riverfront Waterworks park, this property is also near Perry Harvey Sr. Parks skatepark, a variety of shopping options, entertainment hubs, fine dining, as well as cultural and artistic venues. With easy access to Downtown Tampa, Ybor City, and Tampa International Airport, the location is ideal for both residents and investors.
The property's size and location present a unique development opportunity in one of Tampa Bay's fastest growing neighborhoods. As the area's progress continues, opportunities like this are becoming increasingly rare.
Please respect the privacy of the current tenantsdo not trespass or engage with them. Showings are available by appointment only with 48 72 hours' notice.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Private Mailbox
Living Area: 5288.00
Roof: Metal, Shingle
Land Information
Lot Features: Corner Lot, Historic District, City Limits, Oversized Lot, Paved
School Information
High School: Hillsborough-HB
Middle School: Madison-HB
School Elementary: Graham-HB
Garage and Parking
Garage Spaces: 1.00
Open Parking Spaces: 0.00
Parking Features: Oversized, Parking Pad
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Central, Ductless
Pets Allowed: Yes
Sewer: Public Sewer
Utilities: BB/HS Internet Available, Cable Available, Public, Sewer 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
Rental Information
Tenant Pays: Electricity
Other Features
Country: US
Interior Features: Eat-in Kitchen
Legal Description: MUNRO AND MC INTOSH'S ADDITION E 5 FT OF LOT 9 AND LOT 10 BLOCK 11
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