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906 E 123rd Avenue

Tampa, FL 33612
  • $625,000
  • STATUS: Active
  • ON SITE: 138 Days
  • MLS #: T3521580
UPDATED: 34 min ago
$625,000
  • 4
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,312
    SQFT
  • $270
    $/SQFT
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

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 real estate comprising two buildings with a total of 4 units located at 906 E 123rd Ave and 905 E 124th Ave. 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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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-09-10T13:46:15.337.
www.cgyrealty.com/homes/149869137
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906 E 123rd Avenue Tampa, FL 33612

  • Price: $625,000
  • Status: Active
  • On Site: 138 Days
  • Updated: 34 min ago
  • MLS #: T3521580
4
Beds
0
Baths
0
½ Baths
0.22
Acres
2,312
SQFT
$270
$/SQFT
1965
Built
Neighborhood:
Revised Map Of Flowers & Stu
County:
Hillsborough
Area:
Tampa / Forest Hills
Property 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 real estate comprising two buildings with a total of 4 units located at 906 E 123rd Ave and 905 E 124th Ave. 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!
Exterior Features

Carport Yn No Construction Materials Block Exterior Features LightingPrivate Mailbox Foundation Details Block Lot Size Dimensions 50 x 100 Pool Private Yn No Road Surface Type Concrete Roof Other Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Yn No Heating Wall Units / Window Unit Heating YN Yes Interior Features Kitchen/Family Room ComboOpen FloorplanPrimary Bedroom Main Floor Laundry Features None Sewer Septic Tank Water Source Public

Property Features

Annual Net Income 72000 Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn No New Construction Yn No Ownership Fee Simple Property Sub Type Quadruplex Senior Community Yn No Special Listing Conditions None Tax Annual Amount 1822.64 Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity Connected Zoning RDC-12


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of KELLER WILLIAMS SOUTH TAMPA: 813-875-3700.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-09-10T13:46:15.337.
 
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941 W Morse Blvd, Suite 100
Winter Park FL, 32789