For sale· 6 days on market
8923 LYNN Avenue
Tampa, FL, 33604·MLS# TB8552953
$550,000
Estimated $3,601/mo estimated
- 4
- Bedrooms
- 5
- Bathrooms
- 2,500
- Sq ft
- 0.20 ac
- Lot size
- 1949
- Year built
- $220
- Per sq ft
- Residential Income
- Built 1949
About this home
Versatile opportunity to acquire a fully occupied five-unit income property in a highly desirable Tampa location. Generating approximately $10,000 a month in gross rental income, this turnkey investment offers an excellent opportunity for an investor or owner occupant with extended family with immediate revenue with established tenants already in place. Situated on a spacious lot, the property features generous front and rear yard areas, plenty of parking spaces, shared laundry facilities, and ample outdoor space. The buildings have been maintained and have been totally renovated and are positioned to continue serving the area's strong rental demand. Located minutes from major highways, downtown Tampa, shopping, dining, entertainment, schools, medical facilities, and Tampa International Airport, the property benefits from exceptional accessibility and convenience. Opportunities to purchase a stabilized multi-unit property with existing income in such a central location are increasingly limited. Ideal for investors or owner occupy seeking a cash-flowing asset with long-term appreciation potential in one of Tampa's most active rental markets
Facts & features
Interior
- Bedrooms
- 4
- Bathrooms
- 5 full
- Living area
- 2,500 sqft
Property
- Type
- ResidentialIncome
- Year built
- 1949
- Lot size
- 0.2 acres
Financial
- Annual taxes
- $4,939
- Price / sqft
- $220
Estimate your monthly payment
$3,601/ month estimated
- Principal & interest$2,868
- Property tax$504
- Insurance$229
Illustrative estimate — not a lending offer.
Location
Tampa, FL
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Courtesy of PALACIOS INTERNATIONAL REALTY LLC
reThought Real Estate
My local team · (407) 974-5509
$550,000
4 bd · 5 ba · 2,500 sqft