Under contract-accepting backup offers. Discover a fantastic investment opportunity with this 4-unit property, strategically located in a vibrant and rapidly growing area. This RM-24 zoned lot measures 77x127 (9,779 sq ft) and offers the potential to build 4 townhomes in the future. This property is an ideal cash flow generator. With two units already leased, you can start generating income immediately while the vacant units can be easily transformed into short or long-term rentals, maximizing your revenue potential. Walking distance to Armature Works, a variety of dining and entertainment options, Tampa Riverwalk & Tampa's downtown. Close proximity to the new YMCA development & part of the $24 million Riverwalk expansion, enhancing the area's appeal. Whether you're looking to add to your portfolio or start your journey in real estate, this property offers both immediate income and future development potential. Schedule your private showing today!
MLS# | TB8305755 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | For-sale |
Status | Pending |
Year | 1917 |
Days On Site | 45 |
Listing Provided By | KELLER WILLIAMS TAMPA CENTRAL | Kamilla Altunyan |
SQ Feet | 4,184 |
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Units | 4 |
Zoning | RM-24 |
Acreage | 0.22 |
State | FL |
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County | Hillsborough |
City | TAMPA |
Zip Code | 33602 |
Area | 33602 Tampa |
Community Name | MUNRO & MC INTOSHS ADD |
Listing VS Median (in MUNRO & MC INTOSHS ADD) | |
Price: $1,500,000 low | high Med: $6,900 SqFt: 4,184 low | high Med: 2,450 $ / SqFt: $359 low | high Med: $3 On Site: 45 low | high Med: 106.000000 |