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919 E 122nd Ave
For Sale $1,999,999 ($144.18 per Sq Ft)
$1,999,999 ($144.18 per Sq Ft)
- 12 Units
- 13,872 Sq Ft
- 36,288 Sq Ft
- Unknown Cap Rate
Description
Welcome to an exceptional investment opportunity in the vibrant city of Tampa, Florida, brought to you by USF. This offering presents a truly unique chance to acquire an entire block of real estate comprising six buildings with a total of 12 units. The majority of the units have undergone extensive remodeling, with only two awaiting renovation, ensuring modern living standards and aesthetic appeal. Each unit boasts a spacious layout of one bedroom and one bathroom, catering to the needs of various tenants.Currently, the average rental income per unit stands impressively at around $1300, reflecting the strong demand for housing in the area. Furthermore, with the potential for future development, the property holds even greater promise. As the city of Tampa continues to experience growth, there exists the possibility to replace existing units with townhomes, expanding the portfolio and maximizing returns. Additionally, there are no restrictions on the properties, affording flexibility in rental strategies. Whether it's long-term leases, short-term rentals, or even daily Airbnb listings, you have the freedom to explore various avenues for income generation. Moreover, this offering is just the beginning, as the sellers have an additional 13 units slated for sale in the upcoming week. For those interested in expanding their investment portfolio further, this presents an excellent opportunity to capitalize on the burgeoning real estate market in Tampa. Don't miss out on this chance to secure a lucrative investment in a prime location with endless potential for growth and profitability. Contact us now to learn more and seize this extraordinary opportunity!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,999,999 |
| Property Type | Multi-Family |
| Usable Sqft | 13,872 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1968 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | U0728191GS00000000004.1 |
| MLS # | T3520670 |
| Property ID | 320428177 |
| Lot Sqft | 36,288 |
| Zoning | RDC-12 |
| Total Units | 12 |
| Days on Market | 245 |
| Original List Price | $1,999,999 |
| Date Updated | September 03, 2024 |
| Date Created | April 21, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Aldo Delacruz an agent of . Lic #3324423
© 2024 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of September 03, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT