9402 N SEMMES ST, TAMPA, FL, 33612
$379,900
Residential Income
Bedrooms
7
Bathrooms
4
Living Area
2,016 Sqft
Lot Size
9,044 Sqft
Fantastic Investment Opportunity! Two-story multi-unit property with Great Income Potential! Welcome to this well-maintained two-story income property, offering incredible potential for steady rental income. Situated in a desirable location in the middle of Tampa, this property features two separate units, each with its own private entrance and separate electrical meters, perfect for maximizing rental returns! The downstairs unit is a spacious 4-bedroom, 2-bathroom layout, ideal for families and providing ample living space and comfortable amenities. This unit is recently vacant and available for walk-throughs and showings. Previously rented through the Tampa Housing Authority, it is Section 8 approved already. The upstairs apartment is a 3-bedroom, 2-bathroom unit, and is rented to a private tenant currently on a month-to-month agreement for buyer flexibility. Rent has always been paid in full and they are current as of this listing. Both units boast well-designed floor plans including private full bathrooms in the main bedrooms, modern finishes, and plenty of natural light. Whether you're looking to house multiple tenants or generate reliable cash flow from long-term rentals, this property is primed for success. Before the last tenant vacated due to sale, the property produced rental income of $4,000 per month. The area’s strong demand for rental properties, combined with a competitive cap rate of around 7%, makes this a prime choice for savvy investors looking to expand their portfolio. Don't miss your chance to own a versatile, income-generating property with excellent return potential! Schedule a viewing today to see all this property has to offer.
Property Details
Property Features Property Features
MLS ID: MFRTB8346596 Year Built: 1988
Appliances: Electric Water Heater, Range, Refrigerator Construction Materials: Metal Siding, Stucco
Cooling: Central Air Country: US
Disclosures: Lead Paint, Seller Property Disclosure Exterior Features: Other
Flooring: Laminate, Luxury Vinyl, Tile Foundation Details: Block
Furnished: Unfurnished Heating: Electric
Laundry Features: Electric Dryer Hookup, In Kitchen, Inside, Washer Hookup Lease Term: 6-12 Month
Levels: Two Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, FHA, VA Loan Pets Allowed: Cats OK, Dogs OK
Property Condition: Completed Property Sub Type: Duplex
Property Type: Residential Income Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt Roof: Shingle
Sewer: Public Sewer Showing Requirements: Appointment Only, Combination Lock Box, Lock Box Coded, See Remarks, ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Tenant Pays: Electricity
Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Sprinkler Meter, Street Lights, Water Connected Water Source: Public
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