2 Beds | 1 Baths | 2,106 Sq. Ft. | Built in 1979
Asking Price: $459,000
Highlights:
• Each unit includes stackable washer/dryer, durable shower enclosures, metal vanity sinks, and functional cabinets
• Separate water meters and separate power meters
• One unit is currently vacant; units in this area lease quickly
• Roof requires replacement
• Original windows remain (optional upgrade)
Income Potential: Two units are currently rented at $1,300 per month each, with one unit vacant, resulting in $2,600 per month in collected rent, a current NOI of approximately $21,200, and an estimated cap rate of about 4.8%, with the owner reporting consistent demand at $1,300 per month and stable occupancy.
Location: Located in a stable rental pocket of North Tampa, minutes from USF, I-275, I-75, Fowler Ave, and surrounding employment and retail corridors. The submarket maintains high demand for 2/1 rental units.
Book an Expert
New investor? Start with Jorge.
Jorge Vazquez – CEO & Investment Strategist at Graystone. Let’s make your portfolio stronger, steadier, and more profitable.
Deals? Book with Cody.
Meet Cody Bergstrom, Your Expert in Finding Deals Let’s find an off-market deal that actually works for you.
Need financing? Book with Lisa.
Meet Lisa Kaye Price, the LendingGig Top ML Let’s figure out the smartest way to fund your next deal.
Looking for PM? Book with Jay
Jay Michalec – COO & Property Management Expert at Graystone. Let’s make your rentals easier, calmer, and more profitable.