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4401 W Ohio Avenue

Tampa, FL 33614
  • $1,000,000
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: O6011239
UPDATED: 32 min ago
$1,000,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,892
    SQFT
  • $257
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1944
County:
Area:

School Ratings & Info

Description

7% CAP RATE and OPPORTUNITY ZONE INVESTMENT! Unique Opportunity to acquire income producing Multifamily Package in South Tampa. 4401/4403 W Ohio Ave and 4204 N Manhattan Ave each has its own Folio number and offered only as a package deal. Own the corner of W Ohio Ave and N Manhattan Ave in the Drew Park area. Future income (and great use for opportunity zone investment) stems from the future land use of this property. Zoning is currently RM16, future land use RM20, and opportunity to apply for a Planned Unit Development zoning. Unit to land ratio indicates a potential for 7 units on the property. Excellent development area and fantastic opportunity to earn easy income while going through the zoning application process. Long term tenants would love to stay, and are paying way under market rents because they have been such long term and wonderful tenants. There is opportunity to increase the rental rates quite significantly if you would like to. Package includes a duplex and a triplex. 3 units are 2/1, and 2 units are 3/2 See attachments for surveys and income info

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© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-05-17T19:44:32.55.
www.realestatecentralfl.com/homes/126776784
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4401 W Ohio Avenue Tampa, FL 33614

  • Price: $1,000,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 32 min ago
  • MLS #: O6011239
0
Beds
0
Baths
0
½ Baths
0.4
Acres
3,892
SQFT
$257
$/SQFT
1944
Built
Neighborhood:
Drew Park Re Of
County:
Hillsborough
Area:
Tampa
Property Description
7% CAP RATE and OPPORTUNITY ZONE INVESTMENT! Unique Opportunity to acquire income producing Multifamily Package in South Tampa. 4401/4403 W Ohio Ave and 4204 N Manhattan Ave each has its own Folio number and offered only as a package deal. Own the corner of W Ohio Ave and N Manhattan Ave in the Drew Park area. Future income (and great use for opportunity zone investment) stems from the future land use of this property. Zoning is currently RM16, future land use RM20, and opportunity to apply for a Planned Unit Development zoning. Unit to land ratio indicates a potential for 7 units on the property. Excellent development area and fantastic opportunity to earn easy income while going through the zoning application process. Long term tenants would love to stay, and are paying way under market rents because they have been such long term and wonderful tenants. There is opportunity to increase the rental rates quite significantly if you would like to. Package includes a duplex and a triplex. 3 units are 2/1, and 2 units are 3/2 See attachments for surveys and income info
Exterior Features

Carport Yn No Construction Materials Wood Frame Covered Spaces 0 Exterior Features Other Foundation Details Slab Lot Size Dimensions 140X125 Open Parking YN No Parking Features CommonReserved Pool Private Yn No Road Surface Type Paved Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 4148 Cooling Central Air Cooling YN Yes Fireplace Yn No Heating Central Heating YN Yes Interior Features Ceiling Fans(S)Stone Counters Laundry Features None Sewer Public Sewer Water Source Public

Property Features

Annual Net Income 60000 Association Yn No Cdd Yn No DPR No Flood Zone Code X Garage Yn No Lease Considered YN Yes Lease Restrictions YN No Minimum Lease 7 Months New Construction Yn No Number Of Owned Years Prior To Lease 0 Ownership Fee Simple Property Condition Completed Property Sub Type Multi-Family Realtor Info List Agent is Owner Senior Community Yn No Special Listing Conditions None Tax Annual Amount 1659.23 Total Annual Fees 0 Total Monthly Fees 0 Utilities Public Yrs Of Owner Prior To Leasing Re No Zoning Rm-16


Listing information © 2022 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Castro Realty Group.



© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-05-17T19:44:32.55.
 
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