Listing by: James Warren, II, COLDWELL BANKER REALTY, 239-595-0084
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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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This information is believed to be accurate, but without any warranty.