Active

$450,000

Features:
  • 4 Bedrooms
  • 3 Bathrooms
  • 1656 sq ft
Overview
  • ID: MFRTB8466971
  • Bedrooms: 4
  • Bathrooms: 3
  • Size: 1656 sq ft
Property Details
Remarks
Excellent Investment Opportunity – Cash-Flowing Triplex in Tampa! 1403 College Park Lane, Tampa, FL 33612 Turnkey income producer in a highly convenient location! This triplex offers three separate units with strong rental demand and immediate cash flow: Unit A (Middle – 3 Bed / 1 Bath): Leased at $1,900/month. Block construction with washer/dryer inside for added tenant appeal. Central AC. Unit B (Right – 1 Bed / 1 Bath): Leased at $1,250/month. Frame construction. Window units AC Unit C (Left – Efficiency / 1 Bath): Leased at $1,000/month. Frame construction. Window unit AC Total current monthly income: $4,150 Investor Advantages: Association covers water, sewer, and trash (one water meter for the community) – significantly reducing operating expenses. Units are individually metered for electricity, so tenants pay their own power. Strong rental history with two units already leased and performing. Mix of unit sizes appeals to a wide tenant pool (students, professionals, and small families). Prime Location – Just minutes from the University of South Florida (USF), major shopping, dining, public transportation, and easy access to I-275. This pocket offers consistent demand from USF affiliates, medical professionals, and local workers. Whether you’re looking for a turnkey addition to your portfolio or a solid value-add property with upside potential through minor updates, this triplex delivers reliable income in a proven Tampa rental market. Serious investors – schedule your showing today and secure this performing asset before it’s gone! Perfect for 1031 exchanges or portfolio expansion in the Tampa Bay area.
Financial Considerations
Price:
$450,000
HOA Fee:
273
Tax Amount:
$5257.5
Price per SqFt:
$271.74
Tax Legal Description:
HAMNER'S W E HOMESTEAD ACRES PART OF LOT 8 BLOCK 9 DESC AS BEG AT SW COR OF SAI LOT 8 THN N 00 DEG 07 MIN 40 SEC W ALONG W BDRY OF SAID LOT 8 80.00 FT THN N 77 DEG 37 MIN 40 SEC E 102.33 FT THN N 00 DEG 07 MIN 40 SEC W 25.00 FT TO POINT OF INTERSECTI ON WITH N BDRY OF LOT 8 THN E 14.85 FT THN S 00 DEG 07 MIN 40 SEC E 126.93 FT TO POINT OF INTERSECTION WITH S BDRY OF SAID LOT 8 THN W 114.85 FT TO POB
Exterior Features
Lot Size:
11022
Lot Features:
Cul-De-Sac, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
3
Heating:
Ductless
Cooling:
Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1965
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence, Lighting, Sidewalk
Additional Features 2:
Contact HOA. Buyer/Buyers agent to verify
Map
  • Address
    1403 COLLEGE PARK LN
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