Price Reduced 18.26%
Price History
$629,900
7/24/2024
$574,900
8/10/2024
$514,900
9/1/2024
2206 N 12th STREET, Tampa, FL, 33605
0 beds
1947
2,292 sqft
Quadruplex in extremely desirable Ybor location, walk to 7th Ave. Great investment opportunity, tucked away in an independent neighborhood south of I-4, quiet, phenomenal gem surrounded by updated renos and new construction. Centrally located in Urban Core Opportunity Zone, with real tax and capital gains advantages (see links below). 3 units occupied, all in good condition. Month-to-month long term tenants in place, room for rent improvements. The detached 2/1 SFH is in violation for work w/o permits, see attachments. Detached 2/1 offers additional potential income of $18k-$21k(est.) annually. Full maximization of property should gross $55k-$60k(est.) annually. Main house will need a new roof at some point in future. In event buyer does not desire maximum return though permitted buildout of 2/1, seller consideration for demolition of detached unit is optional. This property is, by far, the most the modestly priced Quadruplex OR Triplex in Tampa, Ybor, East Tampa, Belmont Heights, Tampa Heights, Riverside Heights, Seminole Heights, Downtown, MacFarlane Park, West Tampa and South Tampa. Also, outprices most duplexes. Sizes and potential rent/income estimated. Owner agent. TENANT OCCUPIED, DO NOT DISTURB TENANTS BY WALKING PROPERTY. https://www.tampa.gov/deo/opportunity-zone-program/urban-core; https://www.taxpolicycenter.org/briefing-book/what-are-opportunity-zones-and-how-do-they-work
Status:
Active
Type:
Multi-family
Laundry Remarks:
None
Units:
4
Subdivision:
RANDALLS ADD
Heating:
Central, Wall Units / Window Unit
Cooling:
Central Air, Wall/Window Unit(s)
Lot Size:
55 x 100
Acreage:
0.13
Est. Taxes:
$4,825
Construction
Wood Siding
Utilities
Electricity Connected, Water Connected
Days on Market:
41
MLS #:
T3543676
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of BRAINARD REALTY Phone: 813-922-2891