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Wade M. Berlin

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8413 Hamner Avenue
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PRICED AT ONLY: $1,175,000

Address: 8413 Hamner Avenue, TAMPA, FL 33604

Description

We are proud to represent for sale 8413 N. Hamner Ave, Tampa, FL 33610 (the "Property"). This stabilized 10 unit multifamily property offers immediate income in central Tampa. The asset generates an in place NOI of $83,099, equating to a 7.07 CAP rate. Unit Mix: (1) Two bedroom / one bath main home (includes whole house water filtration system) (1) One bedroom / one bath attached to main home (8) Studios each with a private kitchen and bathroom. Key Property Features: All but one unit updated providing a near turnkey investment. Fully occupied with diverse tenant base. Combination of metal and shingle roofs, plus a mix of central air, mini split systems, and wall/window units. Leak detection systems throughout units for risk mitigation. Consistent rental demand in central Tampa location. Future income potential by adding on site coin laundry and annual rent appreciation. The propertys strength lies in its majority studio unit mix, which caters directly to Tampas growing demand for affordable, efficient housing. With updated interiors, durable building systems, and proven income performance, this asset provides investors with immediate cash flow and long term stability in a high demand rental market.
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  • MLS#: TB8424013 ( Commercial Sale )
  • Street Address: 8413 Hamner Avenue
  • Viewed: 7
  • Price: $1,175,000
  • Price sqft: $355
  • Waterfront: No
  • Year Built: 1947
  • Bldg sqft: 3309
  • Days On Market: 18
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 3309.00
  • Roof: Metal
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Parking Spaces - 6 to 12
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Ductless, Wall/Window Unit(s)
  • Heating: Central, Ductless
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 83099.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: CASA LOMA SUBDIVISION LOTS 33 34 35 AND 36 BLOCK 3
  • Levels: One
  • Area Major: 33604 - Tampa / Sulphur Springs
  • Occupant Type: Tenant
  • Parcel Number: A-24-28-18-3EO-000003-00033.0
  • Zoning Code: RS-60
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin