8923 N Lynn Avenue, Tampa, FL 33604

$550,000
4
BD
5
BA
2,500
SqFt

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List Price
$550,000
Status
Active
Days on Market
6
MLS#
TB8552953
Property Style
Quadruplex
Year Built
1949
Bedrooms
4
Bathrooms
5
Living Area
2,500
Lot Size
8,625
Acres
0.20
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Casa Loma Sub
MLS Area Major
Tampa / Sulphur Springs

Property Description

Versatile opportunity to acquire a fully occupied five-unit income property in a highly desirable Tampa location. Generating approximately $10,000 a month in gross rental income, this turnkey investment offers an excellent opportunity for an investor or owner occupant with extended family with immediate revenue with established tenants already in place. Situated on a spacious lot, the property features generous front and rear yard areas, plenty of parking spaces, shared laundry facilities, and ample outdoor space. The buildings have been maintained and have been totally renovated and are positioned to continue serving the area's strong rental demand. Located minutes from major highways, downtown Tampa, shopping, dining, entertainment, schools, medical facilities, and Tampa International Airport, the property benefits from exceptional accessibility and convenience. Opportunities to purchase a stabilized multi-unit property with existing income in such a central location are increasingly limited. Ideal for investors or owner occupy seeking a cash-flowing asset with long-term appreciation potential in one of Tampa's most active rental markets

Additional Information

Taxes
$4939
Community Features
No Deed Restriction
Zoning
RS-60
Interior Layout
Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Other, Stone Counters, Window Treatments
Interior Features
Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Other, Stone Counters, Window Treatments
Utilities
Public
Heating
Central, Ductless
Air Conditioning
Central Air, Mini-Split Unit(s), Other, Wall/Window Unit(s)
Exterior Construction
HardiPlank Type, Other, Vinyl Siding, Frame
Exterior Features
Fence, Lighting, Other, Private Entrance, Sidewalk, Storage
Roof
Shingle
Foundation
Block, Crawlspace
Pool
No Pool
Flood Zone Code
X
Parcel ID
A-24-28-18-3EO-000017-00044.0
Legal Description
CASA LOMA SUBDIVISION LOTS 44 45 AND 46 BLOCK 17

Listing courtesy of PALACIOS INTERNATIONAL REALTY LLC. 813-382-6886

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