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  • MLS#: TB8349274 ( Multi-Family )
  • Street Address: Address Not Provided
  • Viewed: 181
  • Price: $1,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1942
  • Bldg sqft: 0
  • Bedrooms: 10
  • Total Baths: 9
  • Days On Market: 40
Description
This is a unique investment opportunity in the heart of Tampa's historic Seminole Heights neighborhood. The combined properties at 5113 and 5115 N Central Ave span approximately 0.8 acres, making it one of the largest residential and multi family lots in the area. Currently, the property features nine units, including two single family homes, with the potential to convert an existing storage unit into an additional apartment, increasing rental income. It is currently self managed with below market rents, presenting significant upside potential through value add improvements. The property consists of eight 1 Bedroom 1 Bath and one 2 Bedroom 1 Bath units and has steady demand. Seminole Heights is known for its historic charm, early 20th century bungalows, tree lined streets, and a vibrant community filled with trendy restaurants, breweries, and boutiques. As the neighborhood continues to grow in popularity and value, this expansive lot offers both immediate income and long term appreciation potential. Don't miss out on this exceptional opportunity to own a prime asset in one of Tampa's most sought after areas. The property has 6 buildings, consisting of 4 duplexes and 2 stand alone homes. Future Land Use R 20
Description
This is a unique investment opportunity in the heart of Tampa's historic Seminole Heights neighborhood. The combined properties at 5113 and 5115 N Central Ave span approximately 0.8 acres, making it one of the largest residential and multi family lots in the area. Currently, the property features nine units, including two single family homes, with the potential to convert an existing storage unit into an additional apartment, increasing rental income. It is currently self managed with below market rents, presenting significant upside potential through value add improvements. The property consists of eight 1 Bedroom 1 Bath and one 2 Bedroom 1 Bath units and has steady demand. Seminole Heights is known for its historic charm, early 20th century bungalows, tree lined streets, and a vibrant community filled with trendy restaurants, breweries, and boutiques. As the neighborhood continues to grow in popularity and value, this expansive lot offers both immediate income and long term appreciation potential. Don't miss out on this exceptional opportunity to own a prime asset in one of Tampa's most sought after areas. The property has 6 buildings, consisting of 4 duplexes and 2 stand alone homes. Future Land Use R 20
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Features
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  • Views: 181
Nearby Subdivisions
Arlington Heights   Cunningham   De Leon Park   Demorest   Lake Robles   Lesleys  

Contact Info

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Headshot for Associate Trudi Geniale
  1. Trudi Geniale, Broker
  2. Tropic Shores Realty
  3. Mobile: 619.578.1100
  4. Fax: 800.541.3688
  5. trudigen@live.com