Active

$599,900

Features:
  • 8 Bedrooms
  • 5 Bathrooms
  • 4152 sq ft
Overview
  • ID: MFRTB8531102
  • Bedrooms: 8
  • Bathrooms: 5
  • Size: 4152 sq ft
Property Details
Remarks
RARE opportunity to own a turnkey legal triplex with one vacant unit ready for immediate owner occupancy or a new tenant! Whether you’re an investor looking for immediate cash flow or a buyer interested in “house hacking” by living in one unit while the other two help pay your mortgage, this property offers outstanding flexibility in one of Tampa’s fastest-growing neighborhoods. Photos depict only one of the smaller units as there are currently tenants in the other two, Beautifully updated throughout, the units feature new luxury flooring, modern shaker cabinetry, granite countertops, and fresh neutral paint, creating an inviting, move-in-ready feel. With nearly 4,200 square feet, each unit offers spacious living areas that stand out from the competition and appeal to today’s renters. Extensive improvements have already been completed, including a metal roof (approximately 10 years old), updated copper electrical, mini-split A/C systems (approximately 5 years old), water heaters (approximately 2–5 years old), and the main plumbing line to the street replaced approximately 3 years ago. Simply step in and begin generating income while enjoying the peace of mind that comes with these major updates. The rear of the property also provides valuable off-street parking for tenants and guests. The property offers additional upside potential, with buyers encouraged to explore future opportunities to enhance the existing outbuilding or maximize the property’s income potential, subject to City of Tampa approval and buyer verification. Location is the true star of this property. Positioned between Historic Ybor City, Seminole Heights, and Tampa Heights, you’ll be surrounded by some of Tampa’s hottest restaurants, breweries, coffee shops, boutiques, and nightlife. Enjoy quick access to Downtown Tampa, Armature Works, the Tampa Riverwalk, Water Street Tampa, Sparkman Wharf, Channelside, the Port of Tampa, Midtown Tampa, and Interstate 275, making commuting and entertainment incredibly convenient. This area continues to experience significant redevelopment and investment, making it one of Tampa’s most exciting locations for both homeowners and investors seeking long-term appreciation. With one unit available for immediate occupancy and two currently producing rental income, this is a unique opportunity to own a versatile, income-producing property in the heart of one of Tampa’s most desirable growth corridors. Whether you’re looking to expand your portfolio, begin your Real Estate investment journey, or let your tenants help build your wealth, this property truly offers the best of both worlds.
Financial Considerations
Price:
$599,900
HOA Fee:
N/A
Tax Amount:
$8218.65
Price per SqFt:
$144.48
Tax Legal Description:
NEBRASKA EAST REVISED MAP OF LOT 24 TOGETHER WITH S 1/2 OF VACATED ALLEY ABUTTING
Exterior Features
Lot Size:
7250
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
5
Heating:
Electric
Cooling:
Mini-Split Unit(s), Wall/Window Unit(s)
Appliances:
N/A
Furnished:
Yes
Floor:
N/A
Levels:
Two
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1925
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Outbuildings
Additional Features 2:
All info is believed accurate but not guaranteed. Buyers and their agents must independently verify all details, including measurements square footage, zoning, land use, lease terms, income/expenses, occupancy, permits, schools, and other material facts.
Map
  • Address
    1212 E 25TH AVE
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