Active
903 E 124TH AVE
TAMPA FL, 33612
$325,000
$281.14 per sqft
Active
2 Beds
2 Baths
1,156 sqft
Multi-family
Built in 1965
One or more photo(s) has been virtually staged. Welcome to an exceptional investment opportunity in the vibrant city of Tampa, Florida, brought to you by USF. 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!
T3521590
MLSⓇ ID
April 24, 2024
Listed
May 1, 2024
Updated
Map
903 E 124TH AVE
TAMPA FL, 33612
Interior Features
Bedrooms
2
Total Bathrooms
2
Interior Features
Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor
Laundry Description
None
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Units / Window Unit
Exterior/Building Features
Lot Size
0.11 Acres
Exterior Features
Private Mailbox
Roof
Other
Sewer
Septic Tank
Other Property Details
Area Name
33612 - Tampa / Forest Hills
Taxes
$2,938
Tax Frequency
Annually
Days on Market
6
Garage
No
View
No
County
Hillsborough
Municipality
28
Water Source
Public
Pool
No
Zoning
RDC-12
Buyer Agency Compensation
2.5%
Listed by Aldo Delacruz, with KELLER WILLIAMS SOUTH TAMPA
Listing Contact: 813-875-3700
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Data last updated 5/1/2024, 1:09 AM UTC