Rare opportunity to acquire a fully occupied 10 unit income property in central Tampa producing immediate rental income. The property features a unique layout consisting of a 2 bedroom/1 bath home, an attached 1 bedroom/1 bath unit, and eight private studio apartments each with its own kitchen and bathroom. Most units have been updated, providing a strong operational foundation with limited near term capital improvements required. The property has a consistent occupancy history and serves the areas continued demand for affordable rental housing. Building systems include a combination of metal and shingle roofing, multiple HVAC types (central air, mini splits, and wall units), and installed leak detection devices throughout the units to help reduce maintenance risk. This asset offers immediate cash flow with additional upside potential through operational efficiencies, rent adjustments over time, and the future addition of on site laundry income. Centrally located with convenient access to major roadways, employment centers, and neighborhood retail, the property benefits from steady tenant demand.
Rare opportunity to acquire a fully occupied 10 unit income property in central Tampa producing immediate rental income. The property features a unique layout consisting of a 2 bedroom/1 bath home, an attached 1 bedroom/1 bath unit, and eight private studio apartments each with its own kitchen and bathroom. Most units have been updated, providing a strong operational foundation with limited near term capital improvements required. The property has a consistent occupancy history and serves the areas continued demand for affordable rental housing. Building systems include a combination of metal and shingle roofing, multiple HVAC types (central air, mini splits, and wall units), and installed leak detection devices throughout the units to help reduce maintenance risk. This asset offers immediate cash flow with additional upside potential through operational efficiencies, rent adjustments over time, and the future addition of on site laundry income. Centrally located with convenient access to major roadways, employment centers, and neighborhood retail, the property benefits from steady tenant demand.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 3309.00
Roof: Metal
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Parking Spaces - 6 to 12
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
Heating: Central, Ductless
Road Frontage Type: City Street
Sewer: Public Sewer
Utilities: Public
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 83099.00
Other Expense: 0.00
Tax Year: 2025
Other Features
Country: US
Legal Description: CASA LOMA SUBDIVISION LOTS 33 34 35 AND 36 BLOCK 3
Welcome to a lucrative investment opportunity in the heart of the thriving Seminole Heights neighborhood, just minutes away from Tampa and I 275. Presenting this remarkable corner lot auto repair comm
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