Active

$990,000

Features:
  • 8 Bedrooms
  • 4 Bathrooms
  • 3294 sq ft
Overview
  • ID: MFRTB8476902
  • Bedrooms: 8
  • Bathrooms: 4
  • Size: 3294 sq ft
Property Details
Remarks
An outstanding opportunity to acquire two duplexes totaling four income-producing units in one of South Tampa’s most desirable and steadily appreciating neighborhoods. Whether expanding your portfolio or pursuing a live-in investment strategy, this property offers immediate cash flow with long-term upside. Each of the four units features two bedrooms and one bathroom with well-proportioned layouts designed for comfortable living. All units are currently leased under current market value by long term tenants totaling $57,000 in annual revenue, providing stable, in-place income from day one. With new leases at current market rate, the possible rental income could exceed $72,000 per year. Situated on two buildable lots, the property presents compelling future redevelopment potential — a rare and valuable advantage in this highly sought-after South Tampa location. Conveniently positioned near major roadways, shopping, dining, schools, and everyday amenities, the location continues to attract strong rental demand and long-term growth. Opportunities that combine immediate income, redevelopment flexibility, and a premier South Tampa address are increasingly hard to find.
Financial Considerations
Price:
$990,000
HOA Fee:
N/A
Tax Amount:
$5116.44
Price per SqFt:
$300.55
Tax Legal Description:
SUNSET ADDITION LOT 2 BLOCK 9
Exterior Features
Lot Size:
5568
Lot Features:
City Limits, In County, Near Public Transit, Sidewalk, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Open
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
4
Heating:
Central, Electric
Cooling:
Central Air, Zoned
Appliances:
Cooktop, Dishwasher, Refrigerator
Furnished:
Yes
Floor:
Carpet, Vinyl
Levels:
One
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1984
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Courtyard, Sidewalk
Additional Features 2:
N/A
Map
  • Address
    6404 S ADELIA AVE
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