3324 W Abdella St, Tampa, FL 33607 - TampaRealEstateLink.com
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Tampa, FL
$525,000
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Details
List Price$525,000
Property IDTB8418630
Bedrooms3
Property TypeSingle Family Home
Full Bathrooms2
Square Feet/m2 2,028 sq.ft. (188 m2)
StatusActive
Description
NEW PRICE ADJUSTMENT!! Investor’s Dream Near Raymond James Stadium! Discover this versatile income-producing property in Tampa, just minutes from Raymond James Stadium and Steinbrenner Field. Originally a 3-bedroom, 2-bath home, this property has been thoughtfully converted into two studio apartments, one 1-bedroom apartment, and a main living space with 2 Bedrooms and 1 bath. Current NOI is $36k with a 6.5% Cap Rate, and units are on month-to-month leases at below-market rates. With a Potential Gross Income (PGI) of $64K annually based on current rental market valuation, the property offers a potential of 11.5% Cap Rate. Updated roof (2021) + solar panels for energy efficiency. Prime location – close to highways, shopping, dining, and major attractions. Spacious parking for tenants and guests. Endless potential for short-term or long-term rentals. With a motivated seller and multiple income streams, this property is a true investor’s gem in one of Tampa’s hottest rental markets.
This listing is courtesy of Coldwell Banker Realty. Property Listing Data contained within this site is the property of Stellar MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
This listing is courtesy of Coldwell Banker Realty. Property Listing Data contained within this site is the property of Stellar MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.