Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Single Family |
| Bedrooms: | 6 BR |
| Bathrooms: | 5 |
| Lot Size: | 0.1 Acres |
Financials
Price:$998,000
Annual Taxes:$11,095.61
Listing Courtesy of BRAINARD REALTY
Located in the heart of Old Seminole Heights, one of Tampa's most vibrant and sought after historic neighborhoods, this exceptional four unit property presents a rare opportunity for investors and ...
Description
Located in the heart of Old Seminole Heights, one of Tampa's most vibrant and sought after historic neighborhoods, this exceptional four unit property presents a rare opportunity for investors and owner occupants alike. Whether you're looking to expand your portfolio with a high performing income property or take advantage of the ultimate house hack opportunity, this versatile quadplex offers immediate income with exceptional long term upside.
The property features four thoughtfully configured units, including Unit A, a vacant 2 bedroom, 2 bathroom residence, Unit B, a 1 bedroom, 1 bathroom unit currently operating as a successful Airbnb, Unit C, a leased 2 bedroom, 1 bathroom unit, and Unit D, a leased 2 bedroom, 2 bathroom unit. The vacant Unit A provides the unique opportunity to purchase the property as your primary residence while generating income from the remaining units, allowing you to offset your mortgage and build equity through one of today's most desirable investment strategies.
Currently operating under a hybrid rental model, the property combines the stability of long term leases with the increased earning potential of short term rentals. Units C and D provide consistent annual rental income, while the Airbnb operation in Unit B creates additional cash flow and flexibility. Investors also have the opportunity to further maximize returns through rental optimization, furnished executive rentals, or expanded short term rental operations, subject to local regulations.
Positioned on a prominent corner lot, this property places you just moments from the neighborhood's renowned restaurants, breweries, coffee shops, and local favorites that have made Old Seminole Heights one of Tampa's most desirable places to live and invest. With convenient access to Downtown Tampa, Ybor City, Armature Works, Midtown Tampa, Raymond James Stadium, Tampa International Airport, I 275, and the Hillsborough River, the location continues to drive strong demand from both long term residents and short term visitors.
Properties offering this combination of owner occupant flexibility, immediate cash flow, and future value add potential in Old Seminole Heights are rarely available.
Amenities
- Ceiling Fans(S)
- Courtyard
- Dishwasher
- Electricity Connected
- Lighting
- Living Room/Dining Room Combo
- Range
- Refrigerator
- Wood Burning
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.