Commercial property in Tampa, Florida 4 bedrooms, 153.85 sq.m. № 2116877
46

ID2116877
$ 450 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Excellent Value-Add Triplex Near USF – NEW PRICE BELOW Appraised Value!!! (Appraised 11/2024 at $455,000) Here’s a rare opportunity to acquire a cash-flowing triplex in one of Tampa’s strongest rental corridors—with one unit vacant and ready for immediate occupancy or higher rents. Current Performance Unit A (Middle – 3 Bed / 1 Bath): Leased at $1,900/month. Solid block construction, in-unit washer/dryer, and central A/C. Unit B (Right – 1 Bed / 1 Bath): Leased at $1,250/month. Frame construction with window A/C.
Unit C (Left – Efficiency / 1 Bath): Leased at $1,000/month. Frame construction with window A/C.
Current monthly income from leased units: $4,150
Investor Advantages
Association covers water, sewer, and trash (single community meter) — a meaningful reduction in operating expenses.
Each unit is individually metered for electricity, so tenants pay their own power.
Mix of unit sizes attracts students, young professionals, medical workers, and small families.
Proven rental demand just minutes from the University of South Florida, major shopping and dining, public transit, and quick access to I-275.
Whether you want a turnkey income property, or a light value-add play, this triplex delivers solid fundamentals in a high-demand Tampa location—and it’s priced below its recent appraisal.
Perfect for 1031 exchanges or portfolio expansion.
MLS #: TB8466971
Contact the seller
CityTampa
Address1403 COLLEGE PARK LANE
TypeCommercial property
Bedrooms4
Living space153.85 m²
- m²
- sq. ft
Completion dateIV quarter, 1965
Price
- Price
- per m²
$ 450 000
- EUR €
- USD $
- RUB ₽
- GBP £
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