Commercial property in Tampa, Florida 6 bedrooms, 173.17 sq.m. № 2092837

Property description

West Riverside Heights income property. $3110/MONTH PAYMENT STANDARD for 3-bedroom Section 8 rental rate in 33607, giving the buyer an opportunity for even greater cash flow than currently producing. Cash-flowing investment opportunity situated within the rapidly appreciating West Riverside Heights district. This duplex is comprised of two 3-bedroom, 1-bathroom units with a combined 1,864-square-foot footprint. The property has recently been upgraded with BRAND NEW Hardie Board siding, trim, exterior paint, and a brand new exterior fence. The AC was recently upgraded in 2022. The bottom unit is currently vacant, while the upstairs tenants are signed to long-term leases. Allowing the buyer to live in one unit and rent out the other, or lease both units if desired. The centrally located property is located minutes from Raymond James Stadium, Hillsborough Community College (the proposed future site of the Tampa Bay Rays), St. Joseph’s Hospital, Armature Works, and the University of Tampa. Charming and well-performing, this West Riverside Heights gem is ideal for those seeking an immediate cash-flowing asset with the potential for long term appreciation.