Listing by: James Warren, II, COLDWELL BANKER REALTY, 239-595-0084

0 Beds

n/a Full bath

1,288 SqFt

Active

Prime Investment Opportunity - 4 Building - 7 Unit Income Property, on 1.25 acres with Commercial Zoning & Future Development Potential. This outstanding income-producing property in a highly sought-after location. This well-maintained 4-unit Multifamily Residence offers a fantastic opportunity for Investors and Owner-Occupants looking to grow their Real Estate Portfolio. What sets this property apart are its commercial zoning and exciting potential for future development. Located in desired South Tampa, this property offers convenience and easy access to amenities, schools, public transportation, and more. Sitting on 3 Parcels of Land, and included in the purchase are 2 separate Duplexes, each featuring 1 Bedroom and 1 Bathroom per side. 2 Single Family Homes, one consisting of 2 Bedrooms and 2 Bathrooms with a separate Efficiency unit collecting a separate rental income, and a 1 Bedroom 1 Bathroom Single Family Dwelling. All units have separate Electric Meters and shared Water. All Tenants are long-term, on Month to Month Leases, and paying Below Market Rent.

Property Details
Price $975,000
Lot Size Area 1.5
Lot Size Area Units Acres
Acres 1.2
Property Type Commercial
MLS Sub type Multi Family
Year Built 1973
Subdivision UNPLATTED
Foundation Slab
Geographic Data
Directions From 589 S, merge onto i-275s toward i-4 E, use left lane to take Exit 2 toward E Brandon, merge onto FL-618 (E Selmon Expressway), Use the right 2 lanes to take exit 11 to merge onto US-41 S/S 50th St/S Tamiami Trail/US Hwy 41 S, turn left onto Palm River Road, turn left onto S 63rd Street, destination will be on the left.
County Hillsborough
Latitude 27.94131
Longitude -82.383646
Market Area 33619 - Tampa / Palm River / Progress Village
Address Information
Address 635 S 63rd STREET, TAMPA, FL 33619
Postal Code 33619
City TAMPA
State FL
Country United States
Listing Information
Listing Office COLDWELL BANKER REALTY
Listing Office Phone 727-360-6927
Listing Agent James Warren, II
Listing Agent Phone 239-595-0084
Buyer Agency Compensation 2.5%-$495
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions None
Ownership Other
Virtual Tour URL https://www.propertypanorama.com/instaview/stellar/U8218503
MLS® Information
Days on market 170
MLS® Status Active
Listing Date Oct 23, 2023
Listing Last Modified Apr 17, 2024
Tax ID U232919ZZZ00000151150.0
Tax Year 2022
Tax Annual Amount 1887
MLS® Area 33619 - Tampa / Palm River / Progress Village
MLS® # U8218503

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