8720 N 48th Street Tampa, FL 33617
Multi-Family (2-4 Units)
MLS #: T3521135
Courtesy Of Dalton Wade, Inc.
Property InformationDescription
INVESTORS, seize the moment with this remarkable opportunity in Tampa, Florida.
Rare investment package of EIGHT solid BLOCK CONSTRUCTION DUPLEXES, totaling 16 UNITS spread across 8 parcels.
Each duplex boasts 2 bedrooms, 1 bathroom, a laundry room, and individual fully fenced yards, offering tenants privacy and comfort. With 2 dedicated parking spots per unit, convenience is key for residents.
Generating an impressive annual gross income of $259,200 and an annual net income of $168,400, this portfolio promises a lucrative return on investment from day one.
While the properties are already performing admirably, there's ample room for improvement and updates, offering significant upside potential for rent increases and enhanced returns.
The owner has installed 4 brand new ACs, Upgraded Plumbing, and Renovated Units when tenants moved out. However, with some additional upgrates such as vinyl floor and granite counter tops, these units can be rented at $1700/month as market rent, which would equal $326,400 in annual gross income.
The majority of units are currently leased, ensuring a stable income stream and minimizing vacancy risks. Plus, tenants are responsible for utilities (water, trash, electric), simplifying management and maximizing profitability.
The properties have low vacancy rate and offer affordable yet comfortable living spaces for residents.
Not in a flood zones. Easy access to amenities and transportation, these duplexes are strategically located for long-term success.
SERIOUS INQUIRIES ONLY, don't let this opportunity pass you by. *Proof of funds required for showings.* The seller is offering the entire portfolio as a package deal, presenting a rare chance to build wealth through real estate in one of Florida's most dynamic markets.
8720 N 48th St, Tampa, 8722 N 48th St, Tampa; 8723 N 48th St, Tampa; 8724 N 48th St, Tampa;
8726 N 48th St, Tampa; 8728 N 48th St, Tampa; 8730 N 48th St, Tampa; 8732 N 48th St, Tampa.
Contact us to schedule a showing or obtain additional information.
Rare investment package of EIGHT solid BLOCK CONSTRUCTION DUPLEXES, totaling 16 UNITS spread across 8 parcels.
Each duplex boasts 2 bedrooms, 1 bathroom, a laundry room, and individual fully fenced yards, offering tenants privacy and comfort. With 2 dedicated parking spots per unit, convenience is key for residents.
Generating an impressive annual gross income of $259,200 and an annual net income of $168,400, this portfolio promises a lucrative return on investment from day one.
While the properties are already performing admirably, there's ample room for improvement and updates, offering significant upside potential for rent increases and enhanced returns.
The owner has installed 4 brand new ACs, Upgraded Plumbing, and Renovated Units when tenants moved out. However, with some additional upgrates such as vinyl floor and granite counter tops, these units can be rented at $1700/month as market rent, which would equal $326,400 in annual gross income.
The majority of units are currently leased, ensuring a stable income stream and minimizing vacancy risks. Plus, tenants are responsible for utilities (water, trash, electric), simplifying management and maximizing profitability.
The properties have low vacancy rate and offer affordable yet comfortable living spaces for residents.
Not in a flood zones. Easy access to amenities and transportation, these duplexes are strategically located for long-term success.
SERIOUS INQUIRIES ONLY, don't let this opportunity pass you by. *Proof of funds required for showings.* The seller is offering the entire portfolio as a package deal, presenting a rare chance to build wealth through real estate in one of Florida's most dynamic markets.
8720 N 48th St, Tampa, 8722 N 48th St, Tampa; 8723 N 48th St, Tampa; 8724 N 48th St, Tampa;
8726 N 48th St, Tampa; 8728 N 48th St, Tampa; 8730 N 48th St, Tampa; 8732 N 48th St, Tampa.
Contact us to schedule a showing or obtain additional information.
Features
- Age: Over 50 Years Old
- Appliances: Range, Refrigerator
- Architecture Style: Other
- Cooling System: Central A/C, Window Unit(s) A/C
- Exterior Type: Block
- Heating System: Central Furnace, Wall Unit
- Lot Size: 1.04 Acres
- Roof Type: Composition Shingle
- Rooms: Bedroom
VIDEOS AND TOURS
MAP & DIRECTIONS
School Information
8720 N 48th Street, Tampa, FL 33617
Elementary School
Grades KG-5 |
Public School
KIMBELL ELEMENTARY SCHOOL
Tampa, FL 33617
8406 N 46th St
813.983.3900
Distance: 0.3 mi
School Rating
D-
Student:Teacher Ratio
12:1
Total Students
360
Middle School
Grades 6-8 |
Public School
GRECO MIDDLE SCHOOL
Temple Terrace, FL 33617
6925 E Fowler Ave
813.987.6926
Distance: 2.5 mi
School Rating
D
Student:Teacher Ratio
15:1
Total Students
877
High School
Grades 9-12 |
Public School
C. LEON KING HIGH SCHOOL
Tampa, FL 33610
6815 N 56th St
813.744.8333
Distance: 1.8 mi
School Rating
C-
Student:Teacher Ratio
18:1
Total Students
1657
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Village Of Excellence Academy | 0.1 mi | Public | KG-5 | F |
| Village Of Excellence Academy Middle School | 0.2 mi | Public | 6-8 | F |
| Temple Terrace Elementary School | 1.1 mi | Public | PK-5 | C- |
| Paideia Classical Christian School (dba) | 1.1 mi | Private | KG-12 | |
| Corpus Christi Catholic School | 1.1 mi | Private | KG-8 | |
| Woodmont Charter School | 1.3 mi | Public | KG-8 | F |
| Robles Elementary School | 1.4 mi | Public | KG-5 | D |
| New Springs Schools | 1.4 mi | Public | KG-8 | D+ |
| Friendship Christian Academy | 1.5 mi | Private | KG-12 | |
| Harmon Stem School | 1.5 mi | Private | 1-8 | |
| Riverhills Elementary Magnet School | 1.5 mi | Public | PK-5 | B+ |
| Focus Academy | 1.5 mi | Public | 9-12 | |
| Dr. Carter G. Woodson Pk-8 School | 1.6 mi | Public | PK-8 | D |
| Montessori Preparatory School | 1.6 mi | Private | KG-5 | |
| Sheehy Elementary School | 1.7 mi | Public | KG-5 | D- |
| Pizzo K-8 School | 1.8 mi | Public | PK-8 | D+ |
| Prince Academy | 1.9 mi | Private | PK-12 | |
| Belle Witter Elementary School | 1.9 mi | Public | PK-5 | C |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Tampa, FL 33617
| Median Age: | 32.3 |
|---|---|
| Married: | 29% |
| Number of Households: | 19,533 |
| Households with Children: | 26.2% |
Tampa, FL 33617
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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