Description

INCOME GENERATING OPPORTUNITY….. CAN GENERATE OVER 100K A YEAR IN REVENUE…….. 3 DUPLEXES AND A HOUSE WITH ROOM TO SUBDIVIDE AND BUILD MORE UNITS….. ALL LONG-TERM TENANTS with only one vacancy…….. Located just minutes from Downtown Tampa, Ybor City, and the Port of Tampa, this rare multi-unit estate offers unmatched potential in one of the city’s fastest-growing corridors. Are you looking for an investment project with massive upside? This is it. Sitting on nearly an acre and a half of land—not in a flood zone—this opportunity is perfect for anyone looking to secure a long-term income-producing asset in Florida without the added risk of flood insurance. The property currently consists of 3 duplexes and a single-family home, all occupied by long-term tenants, with just one vacancy. Rents are currently way below market value and its currently generating a little over 60k, and with some TLC and updates, the projected income could easily reach $115, 000+ annually, not including the potential to subdivide and build additional units on-site. With the owner relocating, the door is open for the next savvy investor to take over and elevate this portfolio to its highest and best use. Whether you're expanding your portfolio or just getting started, this one checks all the boxes. If you’d like to view the property, please contact your local agent and allow 24 to 48 hours for access to the leased units.