Active

$514,900

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 2292 sq ft
Overview
  • ID: MFRT3543676
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 2292 sq ft
Property Details
Remarks
Quadruplex in extremely desirable Ybor location, walk to 7th Ave. Great investment opportunity, tucked away in an independent neighborhood south of I-4, quiet, phenomenal gem surrounded by updated renos and new construction. Centrally located in Urban Core Opportunity Zone, with real tax and capital gains advantages (see links below). 3 units occupied, all in good condition. Month-to-month long term tenants in place, room for rent improvements. The detached 2/1 SFH is in violation for work w/o permits, see attachments. Detached 2/1 offers additional potential income of $18k-$21k(est.) annually. Full maximization of property should gross $55k-$60k(est.) annually. Main house will need a new roof at some point in future. In event buyer does not desire maximum return though permitted buildout of 2/1, seller consideration for demolition of detached unit is optional. This property is, by far, the most the modestly priced Quadruplex OR Triplex in Tampa, Ybor, East Tampa, Belmont Heights, Tampa Heights, Riverside Heights, Seminole Heights, Downtown, MacFarlane Park, West Tampa and South Tampa. Also, outprices most duplexes. Sizes and potential rent/income estimated. Owner agent. TENANT OCCUPIED, DO NOT DISTURB TENANTS BY WALKING PROPERTY. https://www.tampa.gov/deo/opportunity-zone-program/urban-core; https://www.taxpolicycenter.org/briefing-book/what-are-opportunity-zones-and-how-do-they-work
Financial Considerations
Price:
$514,900
HOA Fee:
N/A
Tax Amount:
$4825.37
Price per SqFt:
$224.65
Tax Legal Description:
RANDALL'S ADDITION LOT 2 BLOCK 1
Exterior Features
Lot Size:
5500
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Tile
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central, Wall Units / Window Unit
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1947
Construction Type:
Wood Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sidewalk
Additional Features 2:
N/A
Map
  • Address
    2206 N 12TH ST
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Quadruplex

15414 AVALON AVE #15414, 15406

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  • 306 m²
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