Open House
Sun Jul 26, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,713 sqft
Price per Sqft $367
Subdivision North Park Annex
MLS Listing ID TB8521848
Bedrooms 28
HOA Y/N No
Year Built 1925
Annual Tax Amount $11,095
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 45x122
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
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.
Location
State FL
County Hillsborough
Community North Park Annex
Area 33604 - Tampa / Sulphur Springs
Zoning SH-RS
Interior
Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo
Heating Electric
Cooling Central Air
Fireplaces Type Wood Burning
Fireplace true
Laundry Common Area, Laundry Room
Exterior
Exterior Feature Lighting
Utilities Available Electricity Connected
Water Access No
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8521848
