JenniferClark
BEDS4
BATHS
SQUARE FEET2,500
MLS#TB8552953
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCASA LOMA
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
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Mini-Split Unit(s), Other, Wall/Window U
Heating: Central, Ductless
Lot Size: 0.20 Acres
Roof Type: Shingle
Taxes: $4,939
Year Built: 1949
Amenities
Built-in Features
Ceiling Fans(s)
Eat-in Kitchen
Kitchen/Family Room Combo
Other
Stone Counters
Window Treatments
Fence
Lighting
Other
Private Entrance
Sidewalk
Storage
Feature Descriptions
Annual Net Income: 110000.00
Days on Site: 28
Directions: Head north on N Florida Ave towards W Humphrey St,1st left onto W Humphrey St, right onto Lynn Ave Destination will be on the right
Exterior: HardiPlank Type, Other, Vinyl Siding, Frame
Flood Zone Code: X
Foundation: Block, Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.2
Other Equipment: Private Entrance
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Before Showing, Call Listing Agent
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: RS-60
Listed By / Shown By
Listed By
Agency Name: PALACIOS INTERNATIONAL REALTY LLC
Agency Contact: 813-382-6886
Shown By
Agent Name: Jennifer Clark
Agent Phone: (386) 775-7778
Agency Title: Glory International Real Estate Company
Estimate Your Payment
Estimated Payment
$ 1,796.06 per month $1,224.06 Principal & Interest $411.58 Property Tax $160.42 Homeowner's InsuranceChange Payment Information
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8923 N Lynn Avenue | MLS# TB8552953
This multi-family property located at 8923 N Lynn Avenue, Tampa, FL 33604 is currently listed for sale with an asking price of $550,000. Search Tampa real estate on jclark.gloryire.com today.