$1,500,000
Description
Under contract-accepting backup offers. Discover a fantastic investment opportunity with this 4-unit property, strategically located in a vibrant and rapidly growing area. This RM-24 zoned lot measures 77x127 (9,779 sq ft) and offers the potential to build 4 townhomes in the future. This property is an ideal cash flow generator. With two units already leased, you can start generating income immediately while the vacant units can be easily transformed into short or long-term rentals, maximizing your revenue potential. Walking distance to Armature Works, a variety of dining and entertainment options, Tampa Riverwalk & Tampa's downtown. Close proximity to the new YMCA development & part of the $24 million Riverwalk expansion, enhancing the area's appeal. Whether you're looking to add to your portfolio or start your journey in real estate, this property offers both immediate income and future development potential. Schedule your private showing today!
Listed by Kamilla Altunyan, .
Property Highlights
- Property Type: Multi Family, Quadruplex
- MLS #: TB8305755
Room Information
| Furnished | Partially |
Property Features
| Interior Square Footage | 4,184 |
| Lot Size Acres | 0.22 |
| Lot Size Square Feet | 9,779 |