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8 Tampa Duplex Portfolio

8 Multifamily Properties Offered at $2,500,000 in Tampa, FL

Investment Highlights

  • The majority of units are currently leased, ensuring a stable income stream and minimizing vacancy risks.
  • Each Duplex: 2 beds, 1 bath, laundry room, individual fully fenced yard, 2 dedicated parking spots per unit
  • Owner has installed 4 brand new ACs, Upgraded Plumbing, Renovated Units when tenants moved out

Executive Summary

Investment package of EIGHT BLOCK CONSTRUCTION DUPLEXES / 16 UNITS / 8 Parcels
Each Duplex: 2 beds, 1 bath, laundry room, individual fully fenced yard, 2 dedicated parking spots per unit
Annual Gross Income: $259,200 / Annual Net Income: $168,400
Updates: Owner has installed 4 brand new ACs, Upgraded Plumbing, Renovated Units when tenants moved out
Future Rents: With some additional upgrades 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.
Vacancy: The majority of units are currently leased, ensuring a stable income stream and minimizing vacancy risks.
Tenant Responsibilities: Utilities (water, trash, electric)
Additional Information: Low Vacancy Rate, Not in a Flood Zone, Easy access to amenities and transportation
Location: Close to I-275, Downtown Tampa, University of South Florida, Busch Gardens, Tampa International
Airport, Veteran’s Hospital, Advent health Hospital, Moffitt Cancer Center,
Entire Portfolio Package: Rare chance to build wealth through real estate in one of Florida's most dynamic
markets.
(1) 8720 N 48th St, Tampa; (2) 8722 N 48th St, Tampa; (3) 8723 N 48th St, Tampa; (4) 8724 N 48th St, Tampa; (5)
8726 N 48th St, Tampa; (6) 8728 N 48th St, Tampa; (7) 8730 N 48th St, Tampa; (8) 8732 N 48th St, Tampa.
Offered at $2,760,000

Property Facts

Price $2,500,000
Price / SF $196.29 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 8
Individually For Sale 0
Total Building Size 12,736 SF
Total Land Area 2.06 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
8720 N 48th St, Tampa, FL 33617 Multifamily 1,576 SF 1972 -
8722 N 48th St, Tampa, FL 33617 Multifamily 1,584 SF 1972 -
8724 N 48th St, Tampa, FL 33617 Multifamily 1,584 SF 1972 -
8726 N 48th St, Tampa, FL 33617 Multifamily 1,584 SF 1972 -
8728 N 48th St, Tampa, FL 33617 Multifamily 1,584 SF 1970 -
8730 N 48th St, Tampa, FL 33617 Multifamily 1,584 SF 1970 -
8723 N 48th St, Tampa, FL 33617 Multifamily 1,656 SF 1973 -
8732 N 48th St, Tampa, FL 33617 Multifamily 1,584 SF 1972 -
Show More > < Show Less
  • Listing ID: 32333326

  • Date on Market: 7/3/2024

  • Last Updated:

  • Address: 8 Tampa Duplex Portfolio, Tampa, FL

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