Rare opportunity to acquire a fully occupied 10 unit income property in central Tampa producing immediate rental income.


Property

Website:https://www.nestseekers.com/5598450
Address:
TAMPA, FL 33604
Ownership: Sole Proprietor
Type: Unknown
Lot Size: 0.3 Acres

Financials

Price:$995,000
Annual Taxes:$3,823

Description

Rare opportunity to acquire a fully occupied 10-unit income property in central Tampa producing immediate rental income. The property features a unique layout consisting of a 2-bedroom/1-bath home, an attached 1-bedroom/1-bath unit, and eight private studio apartments — each with its own kitchen and bathroom. Most units have been updated, providing a strong operational foundation with limited near-term capital improvements required. The property has a consistent occupancy history and serves the area’s continued demand for affordable rental housing. Building systems include a combination of metal and shingle roofing, multiple HVAC types (central air, mini-splits, and wall units), and installed leak-detection devices throughout the units to help reduce maintenance risk. This asset offers immediate cash flow with additional upside potential through operational efficiencies, rent adjustments over time, and the future addition of on-site laundry income. Centrally located with convenient access to major roadways, employment centers, and neighborhood retail, the property benefits from steady tenant demand.

Amenities

  • Public

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of KELLER WILLIAMS TAMPA PROP.

TAMPA FL 33604 USA