Are you a cash buyer looking for an investment opportunity in Tampa? Look no further than this centrally located property that is brimming with potential. With no known leasing restrictions and its prime location, this investment property offers a unique chance to restore it to its former glory and enjoy the benefits of a thriving rental market.
Situated just a short 15-minute drive from Downtown Tampa, YBOR City, and Brandon Mall, this property boasts a convenient location that is sure to attract tenants. Additionally, it is only 10 miles or a quick 20-minute drive to the beautiful Davis Island Beach, making it an ideal spot for beach lovers.
The property consists of two separate buildings, offering versatility and the potential for multiple rental opportunities. The main building is a spacious 4-bedroom, 2-bathroom home spanning 1352 square feet. While the majority of the home is in good condition, the powder bath requires some work to bring it up to standard.
The second building is a cozy 1-bedroom, 1-bathroom unit covering 550 square feet. This building has its own electric and billing, making it easy to rent out separately. However, it is important to note that the back building needs extensive work to maximize its potential.
Once updated and renovated, this property has the potential to become a highly lucrative rental investment. Tampa’s rental market is thriving, and with its central location, this property is sure to attract tenants seeking convenience, amenities, and comfortable living space.
Currently, the property is tenant occupied, so it is crucial to respect their privacy and not approach them directly. To gain access to the property, please contact your realtor or the listing agent, who will be able to assist you further.
Investing in a property with renovation potential can be a rewarding venture. With the right vision, dedication, and effort, this Tampa investment property can be transformed into a profitable asset. Whether you are an experienced investor or a newcomer to the real estate market, this opportunity is worth exploring.
Don’t miss out on this chance to restore a property to its former glory, benefit from its central location, and tap into Tampa’s thriving rental market. Contact your realtor or the listing agent today to learn more about this exciting investment opportunity.
6107 16TH AVENUE S, TAMPA, FL 33619