8923 N Lynn Avenue, Tampa, FL 33604

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

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List Price
$550,000
MLS#
TB8552953
Bedrooms
4
Bathrooms
5
Sq. Ft
2,500
Lot Size
8,625
Subtype
Quadruplex
County
Hillsborough
Community
No Deed Restriction
Subdivision
Casa Loma Sub
Region
Tampa / Sulphur Springs
Year Built
1949

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

Heating
Central, Ductless
Cooling
Central Air, Mini-Split Unit(s), Other, Wall/Window Unit(s)
Roof
Shingle
Sewer
Public Sewer
Exterior Features
Fence, Lighting, Other, Private Entrance, Sidewalk, Storage
Construction
HardiPlank Type, Other, Vinyl Siding, Frame
Living Area
2,500

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

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